Initiation

1. Which of the following project would be the best for your company?
Project A is being done over a six-year period and has a NPV of $70,000.
Project B is being done over a three-year period and has a NPV of
$30,000. Project C is being done over a five-year period and has an NPV
of $40,000. Project D is being done over a one-year period and has an
NPV of $60,000.
Project A
Project B
Project C
Project D
2. During which of the following phases does, the project sponsors have the
greatest influence on the scope, quality, time, and cost of the project?
A.
B.
C.
D.

Concept Phase
Development Phase
Execution Phase
Close Down Phase

3. The communication between the project manager and the project team
members is a vital factor in project accomplishment. Which of the following
is the best process?
A.
B.
C.
D.

Status Reports
Approved Documented Forms
Written and Oral Communication
Formal Chain of Command.

4. Which of the following would be the BEST project amongst projects A,B,C
and D? Project A has an IRR of 12%. Project B has an IRR of 17%.
Project C has an IRR of 31%. Project D has an IRR of 21%.
A.
B.
C.
D.

Project A
Project B
Project C
Project D

5. Which of the following projects amongst A, B, C and D would be the BEST

project to select? Project A has a payback period of 18 months. Project B
has a payback period of 14 months. Project C has a payback period of 10
months. Project D has a payback period of six months.
A. Project A

B. Project B
C. Project C
D. Project D
6. Which of the following type of person(s) is/are authorized to determine the
requirements of a new project?
A.
B.
C.
D.

Project manager
Senior management
Customer
Stakeholders

7. Which of the following is included in a project charter?

A.
B.
C.
D.

Identification of risks
Task estimates
Detailed resource estimates
The business need for the project

8. Which of the following are typically defined in terms of merits of the

product of a project that can cover the full range of possible management
concerns (financial return, market share, public perceptions, etc.)?
A.
B.
C.
D.

Project Selection Criteria

Product description
Historical Information.
Strategic Plan

9. Basically, projects involve a seller and a buyer. The seller is an

organization that works under a contract to the buyer. In such
circumstances, which of the following parties provides the product
description?
A.
B.
C.
D.

Third party
Seller
Buyer
None

10. In a decentralized contracting environment a company goes for a vote to

see if the contracts department should be split up and reassigned to
projects or remains intact. A contract professional might not want this.
Why?
A. They might lose loyalty to the project

i. They might lose expertise

B. They might lose standardized company project management
practices
C. They might lose a clearly defined career path
11. Which of the following effectively manages complex projects that involve
cross-disciplinary efforts?
A. Projectized organization
B. Functional organization
C. Line organization
i. Matrix organization
12. You are entering into a contract. It is best to assume that there will be
disputes about the performance of the work as specified. What is the other
assumption you should consider?
A. To include a procedure in the contract describing the means
for dispute resolution.
B. To track claims to ensure the best position during litigation.
C. To make sure disputes are never brought to public knowledge.
D. To include a change order provision in the contract.
13. The human resources department wants to hire new project managers
from within the company. They can choose from the following candidates:
Candidate A has good management knowledge;
Candidate B has good project management knowledge;
Candidate C has solid technical knowledge;
Candidate D has general management, project management and
technical skills.
Who is the fittest candidate?
A.
B.
C.
D.

Candidate A
Candidate B
Candidate C
Candidate D

14. Identifying project performance criteria, defining project strategy and

determining product description - are all part of project management.
Which of the following phases specifically deals with these activities?
A.
B.
C.
D.

Initiation
Planning
Execution
Control

15. The project manager should obtain support for the project throughout the
performing organization. How does he accomplish this?
A. By ensuring that there is a communication plan.
B. By correlating the need for the project to the organization's
strategic plan.
C. By connecting the project to the personal objectives of the sponsor.
D. By ensuring that the management plan includes the management
of team members.
16. When is the project manager assigned to a project?
A.
B.
C.
D.

After the contract is signed

Immediately preceding contract execution
During contract initiation
During contract planning

17. A market demand, a business need and a legal need what do these
words mean as far as a project is concerned?
A.
B.
C.
D.

Reasons to have change management.

Justifications for initiating a project.
Reasons to have a team.
Reasons to create a management plan.

Planning
1. The process of creating a work breakdown structure results in which of the
following?
A.
B.
C.
D.

A project schedule.
Team buy-in.
A project completion date.
A list of risks.

2. For tracking which of the following A Work Breakdown Structure is used as

a tool?
A.
B.
C.
D.

Cost.
Scope.
Resources.
The schedule.

3. How is a project affected if it has three critical paths?

A.
B.
C.
D.

It makes it more expensive.

It requires more people.
It makes it easier to manage.
It increases the project risk.

4. In which of the following way can Co-location help?

A.
B.
C.
D.

Building the team.

Decreasing project time.
Bringing customers together.
Decreasing project rental costs.

5. The reason for the scope statement to be important is that it:

A.
B.
C.
D.
6.

Provides the basis for making future project decisions

Provides a brief summary of the project
Approves the project for the stake holders
Provides the criteria for measuring project costs

Which of the following are the roles of a Constructive Team?

A.
B.
C.
D.

Encourager, initiator, and gatekeeper

Information giver, devils advocate, and clarifier
Withdrawer, harmonizer, and blocker
Summarizer, recognition seeker, and information seeker

7. When does a project completion date change?

A.
B.
C.
D.

The critical path is reduced

The contingency is no longer available
No float time is available
Project resources are reduced

8. Which of the following is included in Risk Qualification?

A.
B.
C.
D.

Enumerating sources of internal and external events.

Identifying potential events and impact
Evaluating probability and impact
Developing contingency plans and resources

9. What is the reason for fast tracking a project?

A. Increase Productivity
B. Reduce Project duration
C. Increase schedule tracking controls

D. Reduce project risks

10. Two people are in the process of estimating probabilities for each of their
identified risks. They are said to be in which of the following step of risk
management?
A.
B.
C.
D.

Risk response planning

Risk monitoring and control
Risk identification
Risk quantification

11. Which of the following is the correct meaning of Lag?

A. Waiting time
B. The product of a forward and backward pass
C. The amount of time a task can be delayed without delaying the
project
D. The amount of time a task can be delayed without delaying the
early start date of its successor
12. On which of the following a discretionary dependency is based?
A.
B.
C.
D.

The needs of the project sponsor.

The needs of someone outside the project.
Experience.
The nature of the work being done.

13. What information needs to be collected when" is part of which of the

following processes?
A.
B.
C.
D.

Formal reporting
Communications management plan
Stakeholder management
Earned value

14. Which of the following is not a factor in the assessment of project risk?
A.
B.
C.
D.

Risk event
Insurance premiums
Risk probability
Amount at stake

15. A project manager is using a single duration estimate to calculate activity

duration. What type of mathematical analysis should he use?
A. PERT

B. CPM
C. Monte Carlo
D. GERT
16. A project manager asks the team members about the time estimates for
their tasks. Then he develops agreement on the calendar date for each
task. In this situation, he is said to be involved in which of the following
activities?
A.
B.
C.
D.

Initiation
Activity sequencing
Scope definition
Schedule development

17. The calculated duration for a project is 28.166. The standard deviation is
5.5. The project manager is computing the probability of completing the
project on a specific day. Which of the following would be the most helpful
for him in this situation?
A.
B.
C.
D.

PERT formula
Monte Carlo simulation
Variance analysis
Probability analysis

18. The budget estimate of a project should be at what range of the actual
cost?
A.
B.
C.
D.

-5% to +10%
-75% to +25%
+10% to -25%
-10% to +25%

19. A project manager is in the middle of creating an RFP. At this situation, he

is said to be in which of the following phase of the procurement process?
A.
B.
C.
D.

Source selection
Solicitation
Solicitation planning
Procurement planning

20. A contractor suddenly turns down in the middle of the project. A new team
has been replaced the vacancy. The project manager is going to address
the new team. He should tell the team to emphasize on which of the
following activities?
A. Identify team roles and responsibilities

B. Review detailed schedule

C. Discuss cost estimates
D. Emphasize your authority
21. Basically, what does the Staffing Management Plan deal with?
A.
B.
C.
D.

What resources will be used on the project

When and how resources will be added to the team
How resources will be leveled
What skills are necessary on the project

22. Some organizations are now using 6-sigma. But generally, which method
of quality control is used in an organization?
A.
B.
C.
D.

1-sigma
2-sigma
3-sigma
5-sigma

23. A project manager identifies a risk that a fire could occur in the building
during the testing. What should he do?
A.
B.
C.
D.

Avoid the risk

Mitigate the risk
Deflect the risk
Accept the risk

24. A project manager takes over an existing project. He finds that there are
no quality standards. This situation relates to which of the following quality
process?
A.
B.
C.
D.

Quality analysis
Quality control
Quality planning
Quality assurance

25. How are the terms and conditions of a contract created?

A.
B.
C.
D.

Using only the company's existing standard terms and conditions.

By the contracting officer assigned to the project.
Based on the needs of the seller.
Based on a risk analysis.

26. The risk ranking of the project is an input to which of the following part of
the risk management process?

A.
B.
C.
D.

Risk response planning

Qualitative risk analysis
Risk identification
Quantitative risk analysis

27. A project must be completed in three months using only four resources.
Which of the following would be helpful for a project manager at this
situation?
A.
B.
C.
D.

Earned value analysis components.

Benefit cost ratios.
Constraints.
Law of diminishing returns.

28. Suppose a project has the following risks: 20% probability of a 14 day
delay in the receipt of customer requirements; 10% probability of a 21 day
delay in the procurement process; 50% probability the integration will take
14 days longer. What is the expected value of these events?
A.
B.
C.
D.

49 days
35.8 days
11.9 days
7 days

29. A task has an early start of day three, a late start of day 13, an early finish
of day 9 and a late finish of day 19. What is the duration of this task?
A.
B.
C.
D.

6
3
10
7

30. Basically, how much time do a project manager spend in communication?

A.
B.
C.
D.

90% of the total time

20% of the total time
70% of the total time
25% of the total time

31. You have a project with four tasks as follows:

Task 1 can start immediately and has an estimated duration of one.
Task 2 can start after task 1 is completed and has an estimated duration of
four.
Task 3 can start after Task 2 is completed and has an estimated duration
of five.

Task 4 can start after Task 1 is completed and must be completed when
Task 3 is completed.
The estimate for Task 4 is ten.
What is the shortest estimated duration in which the project can be
completed?
A.
B.
C.
D.

11
10
18
9

32. As a project manager, you are involved with schedule development for the
project. You have analyzed the project, compressed the schedule and
completed a Monte Carlo analysis. Which of the following output will
result?
A.
B.
C.
D.

Resource requirement updates

Corrective action
Activity duration estimates
Work breakdown structure

33. People who find themselves living and working in a different environment
are generally disorientated. What are they experienced by such
disorientation?
A.
B.
C.
D.

Culture shock
Sociocentrism
Temporal shock
Ethnocentrism

34. During which of the following phase of risk management a risk-rating

matrix is completed?
A.
B.
C.
D.

Risk qualification
Risk response planning
Risk control
Risk identification

35. Which of the following process means determining the physical resources,
their quantities, time of their use, etc.?
A.
B.
C.
D.

Resource planning.
Resource leveling.
Resource selection.
Resource materials.

36. As a project manager, you have finished the risk response planning
process. You are left with residual risks. How should you treat them?
A.
B.
C.
D.

Document them and revisit them during project execution

Deal with them as they arise during project execution
Include them as part of the contingency plans
Perform a sensitivity analysis on them

37. While creating the final list of activities, a team member tells you that a
task has been forgotten in the WBS. What should you do?
A.
B.
C.
D.

Wait for a change order to be processed

Include it in the WBS
Include it only in the network diagram
Include it in the estimate, but not the activity list

38. A project manager has completed a WBS and cost estimates for each
work package. He wants to create a cost estimate from this data. What
should he do?
A.
B.
C.
D.

Use the highest level of the WBS to estimate analogously.

Sum up the work package and risk reserve estimates.
Roll up work package estimates into a project total.
Gain expert opinions of the project total costs.

39. Which of the following is a basic rule or guideline for creating a work
breakdown structure?
A. The first row should describe the products of the project.
B. Each level of a work breakdown structure is a smaller segment
of the level above.
C. A work breakdown structure should be like a to-do list, listing every
task in chronological order that needs to be done to complete the
project.
D. Functional areas should organize a work breakdown structure.
40. You are the project manager of a new, large and complex project.
Because this project is business-critical and very visible, the executive
sponsor has told you to analyze the risks and prepare mitigation strategies
for them as soon as possible. The organization has risk management
procedures that are seldom used or followed. But the history of handling
risks is bad. The project's first milestone is in two weeks. In preparing the
risk management plan which of the following persons has/have a LEAST
important role?
A. Project team members

B. Executive sponsor
C. Individuals responsible for risk management policies and templates
D. Key stakeholders
41. The project information has been distributed among the stakeholders
according to the communications plan. Some project deliverables have
been changed according to the change control plan. All stakeholders
received the communication containing notification of the change. One of
them was surprised upon being informed of a previously published change
to a project deliverable. He communicated the same to the project
manager. What should the project manager do?
A. Determine why the stakeholder did not receive the information and
let him know when it was published
B. Review the communications plan to determine why the stakeholder
did not understand his responsibility
C. Review the communications plan and make revisions, if
necessary
D. Address the situation in the next steering committee meeting so
others do not miss published changes
42. As a project manager for large bank you are in charge of developing a
new certificate of deposit product. This needs information technology
systems development. Your internal information technology staff is not
responsive enough and does not have expertise in the technology needed
for this project. You do not have time or the information to develop a
detailed statement of work. In this situation, which of the following contract
would you prefer?
A.
B.
C.
D.

FP (Fixed price)
CPPC (Cost plus percentage of costs)
CPIF (Cost plus incentive fee)
T&M (Time and materials)

43. A project manager is assigned to an environmental engineering project

chartered to build a reverse flow fish ladder on a river. An environmental
group is performing the project. This type of project has never been done
before. The project manager has decided to build a basic project
schedule to detail the work of each phase as the current phase nears
completion. Which of the following best describes what the project
manager is doing?
A. The controlling process of ensuring that project objectives are met
by taking corrective action when necessary
B. The process of planning change control
C. The progressive process of rolling wave planning

D. The core planning process of reiterating a plan in the same order

from project to project
44. A project has seven activities: A, B, C, D, E, F and G. A, B and D can start
anytime. A takes three weeks, B takes five weeks and D takes 11 weeks.
A and B must be completed before C can start. C takes six weeks. B, C
and D must be completed before E can start. E takes two weeks. F can
start as soon as C is completed and requires four weeks. E must be
completed before G can start. G takes three weeks. F and G must be
completed for the project to be completed. Based on this information,
which of the following statement is correct?
A.
B.
C.
D.

Activity A has two weeks slack, activity F has one week.

Activity F has one-week slack.
There is no slack available in the project.
Activity A has eight weeks slack.

45. A project manager and his team are working together to develop a work
breakdown structure. However, the team members are doing work that is
not included in the work breakdown structure. What exactly is the purpose
of a work breakdown structure?
A. Guide the cost estimate for a project, not how the work is done.
B. Provide senior management with a high level view of the project
scope.
C. Include the work required to create the products of the project.
D. Include the total project scope or all of the work that must be
done to complete the project.
46. A project manager is attending his first bidders' conference. He asks you
for advice on what to do during the session. What would you advise him?
A. You do not need to attend this session; the contract manager will
hold it.
B. Watch for sellers who ask too many questions in an attempt to
block out the other sellers.
C. Make sure you give all the sellers enough time to ask
questions. They may not want to ask questions while their
competitors are in the room.
D. Let the project sponsor handle the meeting so you can be the good
guy in the negotiation session.
47. A project team has members in five different locations with varying
information systems. The project manager works with the project team to
determine how the project information will be distributed. Which of the
following documents is having such type of activities?

A.
B.
C.
D.

Overall project plan

Scope statement
Communication management plan
Staffing management plan

Execution
1. Which of the following is not a part of the contract documents?
A.
B.
C.
D.

Scope of work
Proposal
Negotiation process
Terms and conditions

2. One of the major aspect of scope verification is that it:

Provides a chance for differences of opinion to come to light.
Ensures the project deliverable is completed on time.
Shows the deliverable meets specifications.
Makes sure the project is on track by ensuring the customer's
acceptance of the deliverable.
3. Under which of the following situation integration is performed?
A.
B.
C.
D.

A.
B.
C.
D.

At key interface points

At the end of each project management phase
Project planning
Project execution

4. Which of the following project reports meant that they are in their pure
state?
A.
B.
C.
D.

plan communications.
manage resources.
distribute information.
report performance.

5. One of the important role of the project manager during project planning
is:
A. Creating a Gantt chart and getting management to approve it
B. Following the plan set by management
C. Coordinating the creation of a document that can be used to
guide the project
D. Making a list of tasks the team members are required to perform

6. Which of the following would be the first step of a project manager when a
system development project is nearing closure and an unplanned risk is
identified, that could potentially affect the project's overall ability to deliver?
A. Mitigate this risk by developing a risk response plan
B. Alert the project sponsor of potential impacts to cost, scope or
schedule
C. Qualify the risk
D. Develop a workaround
7. What is the result of using the compromise to resolve a conflict between
two parties?
A.
B.
C.
D.

Lose-lose
Win-lose
Win-win
Lose-win

8. The scope statement is checked against the work results to ensure the
conformance of the customer requirements. For which of the following are
the results are documented and used?
A.
B.
C.
D.

Estimating future projects

Changing the project scope
Defining the future project task
Validating the quality products

9. During which of the following situation the product of the project is

created ?
A.
B.
C.
D.

Schedule development.
Integrated change control.
Project plan execution.
Project plan development.

10. Which of the following would be followed after a project is ending one of its
phases?
A.
B.
C.
D.

Management meeting
Team meeting
Scope management
Scope verification

11. What is the main aspect of a team meeting during execution ?

A.
B.
C.
D.

To authorize changes to the project.

To make changes to the project.
To determine project status.
To communicate.

12. Which of the following is a frequent complaint about matrix organizations

with respect to communications?
A.
B.
C.
D.

misleading.
hard to automate.
complex.
closed and inaccurate.

13. Which of the following is the most appropriate contract type in a particular
situation during the project when you realize you need a consultant
immediately to begin working on a project?
A.
B.
C.
D.

Time and material

Start work order
Fixed price
Cost plus fixed fee

14. Which of the following is measured by using Standard deviation ?

A.
B.
C.
D.

How far the estimate is from the average estimate.

How much time remains in the project.
How correct the sample is.
How far the measurement is from the mean.

15. Which of the following project elements is not included in the effective
stakeholder management?
A.
B.
C.
D.

Clear requirements definition

Scope change control
Timely status information
Frequent cost reports

16. Under which of the following circumstances Management by objectives of

a project works?
A.
B.
C.
D.

the project includes the objectives in the charter.

the rules are written down.
the project does not impact the objectives.
it is supported by management.

17. Which of the following will be your First action if the seller on your project
abruptly goes out of business?
A.
B.
C.
D.

Terminate the project

File for a portion of the company's assets
Terminate the contract
Hire a new seller immediately under a time and materials
contract

18. Testing the entire population would:

A.
B.
C.
D.

Provide more information than wanted.

Take too long.
Show many defects.
Be mutually exclusive.

19. An advantage of a fixed price contract is:

A.
B.
C.
D.

Cost risk is higher.

All parties share risk.
There is little risk.
Cost risk is lower.

20. What is the primary objective of contract negotiations?

A.
B.
C.
D.

Get the highest monetary return.

Get the most from the other side.
Protect the relationship.
Define objectives and stick to them.

21. Which of the following activities is performed during the scope verification?
A.
B.
C.
D.

Create work breakdown structure

Performance measurement
Verify product correctness
Inspection

22. A project manager places a purchase order for a piece of equipment.

Which of the following terms best describes this activity?
A.
B.
C.
D.

Commitment
Expense
Cash out-flow
Capital investment

23. Which of the following tools are frequently used in Procurement planning?
A. Make or buy analysis, expert judgment, and contract type
selection
B. Contract type selection, bidders conferences, and expert judgment
C. Expert judgment, audits, and bidders conferences
D. Make or buy analysis, contract type selection, and weighting
system
24. A contractors deliverable has been delayed for certain days. You want to
determine the effect of this event on the project schedule. Which of the
following method is used for this purpose?
A.
B.
C.
D.

Risk Identification
Risk Mitigation
Risk Simulation
Risk Assessment

25. What is the fee or profit in a fixed price contract?

A.
B.
C.
D.

It is determined with the other party at the end of the project.

It is part of the negotiation involved in paying every invoice.
It is applied as a line item to every invoice.
It is unknown.

26. A large number of organizations use the centralized contracting method.

Which of the following is its advantage it?
A.
B.
C.
D.

Increases company expertise in contracting

Allows a contracts person to work on a single project
Gives easier access to contracting expertise
Gives more loyalty to the project

27. The Management of a company has defined some quality standards for a
project. They want to be sure that the project is following such standards.
Which of the following statement would be the most helpful for them?
A.
B.
C.
D.

Quality audit
WBS
Risk management plan
Statement of work

28. What is the role of a project manager during execution of the project?

A.
B.
C.
D.

Leader.
Coordinator.
Director.
Integrator.

29. Which of the following conflict resolution technique generates a long

lasting solution?
A.
B.
C.
D.

Smoothing
Problem solving
Compromise
Forcing

30. Other than confronting, smoothing and forcing, which of the following
conflict resolution techniques is used on a project?
A.
B.
C.
D.

Directing.
Withdrawing.
Controlling.
Organizing.

31. It is best for an organization to focus on team development. Because it

enhances the ability of which of the following person(s) to contribute?
A.
B.
C.
D.

Project manager
Team
Management
Stakeholders

32. Senior management of a company wants to be more confident in quality

product standards. So they are doing a regular evaluation of project
performance. Which of the following terms correctly defines this activity?
A.
B.
C.
D.

Quality control
Quality management
Quality planning
Quality assurance

33. You are accommodating a new project in your department. You want to
move resources from one project to another. Your department is currently
working at capacity. By doing so, it will inevitably delay the project. Out of
the following, you can move resources from which project?

A. Project A with a benefit cost ratio of .8, no project charter and

four resources
B. Project B with a net present value of $60,000, 12 resources, and
variable costs between $1,000 and $2,000 per month
C. Project C with an opportunity cost of $300,000, no project control
plan, and an internal rate of return of 12%
D. Project D with indirect costs of $20,000 and 13 resources
34. You are in the middle of a major new facility construction project. The
structural steel is in place, and the heating conduits are going into place.
The project sponsor is worried about the quality standards of the project.
He informs you the same. What should you do in this situation?
A. Assure the sponsor that during planning it was determined the
project would meet the quality standards
B. Inspect the results so far and use them to determine future results
C. Perform a quality audit
D. Check the results from the last quality management plan
35. You are the project manager of a large electrical system implementation
project. One of your team members has started to miss deadlines. The
work quality is also beginning to suffer. But you are confident that this
person is well aware of the work deadlines and required quality
specifications. What action should you take?
A. Report the problem to HR for corrective action
B. Reassign some work to other team members until performance
starts to improve
C. Meet with the employee in private and try to determine the factors
impacting performance
D. Escalate the situation to the employee's functional manager
and ask for assistance
36. You are the project manager a project involving high financial risks. The
contract states that every seller on your project has to submit a weekly
status report. You discovered that one of the sellers has not submitted the
report for the last four weeks. What is the BEST thing to do?
A. Send a letter to the seller letting him know he has breached
the contract and demanding corrected performance in the
future
B. Determine if the report is important to the project before doing
anything
C. Suspend payment
D. Call the seller and ask when the report will be issued

37. Your project is in execution phase. The project has a very tight time line for
review of the seller's submittals and for completing the project. You discover
that your specifications are incomplete. You are not sure of the extent of the
problem. What should you do FIRST?
A. Hold a meeting with the stakeholders to determine what areas are
incomplete
B. Tell the seller to stop work until further instructed
C. Begin comparing your requirements to the specifications and
at the same time you hold a meeting with the stakeholders to
determine what areas are incomplete
D. Have the seller stop work on the parts of the project that are
completely defined
38. Which of the following risk events MOST likely interfere with attaining the
objectives of a project schedule?
A.
B.
C.
D.

Delays in obtaining required approvals

Substantial increases in the cost of purchased materials
Contract disputes that generate claims for increased payments
Slippage of the planned post-implementation review meeting

39. You are working in a matrix organization. A team member comes to you
and admits that he is uncertain of how to perform a part of the task. He
suggests a training class available next week. Where should the cost of the
training come from?
A.
B.
C.
D.

Switch to a trained resource to avoid the cost

The human resource department budget
The team member's functional department budget
The project budget

40. What is the function of a project manager in the solicitation phase of

procurement management?
A.
B.
C.
D.

Evaluating risks
Confirming submittals have been sent
Confirming that changes to the contract are made
Answering questions of potential sellers

41. Under which of the following conditions a seller is required the seller
agreement, a formal and a written correspondence?
A. A change to the project is issued.
B. A meeting with the seller's management is held.
C. The seller is asked for supporting information.

D. There is a follow up to a conversation.

42. You are the project manager of a complex, eight-month project. The
customer has given the scope of the work for the project. It has a few
unknowns. He asks you to just "get it done" and only wants to see you at
the end of eight months when you deliver the finished project. Under these
circumstances, which of the following is the best thing to do?
A. Complete the project as requested, but verify its scope with
the customer occasionally throughout
B. Complete the project within eight months without contacting the
customer during this time
C. Ask management to check in with the customer occasionally
D. Complete the project, but document that the customer did not want
contact
43. You are working on an 18-month project with a small, co-located team.
The project sponsor and senior management are in another city. They have
requested weekly updates. The customer requires monthly meetings. The
team members are very busy with the project execution phase. So they
want to reduce the frequency of meetings. In which of the following ways
the status meetings should be managed?
A. During project executing, you do not need to hold status meetings
as long as you send the key stakeholders a status report every
week.
B. Once a month the entire team, including senior management,
should meet with the customer. You should discuss the details of
the previous month's issues and the current status.
C. During project execution, it is only necessary for the project
manager to meet with the customer once a month to fulfill your
contractual obligation. Provide the customer with the status report
and copy this report to key stakeholders
D. The frequency and level of meetings as well as the format and
type of information to be exchanged should be defined in the
project's communications plan during planning.
44. An organization has signed a contract to upgrade 8,000 workstations. You
are appointed as the project manager for this project. The cost analyst
works from home. His price estimates are based on the details outlined in
the contract. The proposal manager is relatively new. He doesn't have
sufficient related knowledge. You think there was a flaw in the logic
determining the number of workstations that can be upgraded via remote
electronic software distribution. What should you do?

A. Meet with the appropriate project team members to choose the

best solution
B. Determine if the contingency budget will cover the additional cost of
more expensive visits
C. Meet with the vendor to adjust the contract for the change
D. Meet with the cost analyst and the proposal manager to determine
how they can amend the contract to accurately reflect the work that
will have to be done
45. You are the project manager of a large and costly project. You are in the
kickoff meeting with your team members. At the end of the meeting, two of
them engage in a casual conversation about the project objectives and
deliverables. It is clear they heard different messages during the meeting.
One member is so adamant that the other member gives up arguing the
point. You talk to both of them. After that, the second member confirms
that the first member is mistaken. What do you do next?
A. At the next project meeting, the team member should ask the
mistaken team member to describe his interpretation so the project
manager can get everyone on the same page.
B. At the next project meeting, you should spend time reviewing
a documented scope statement with the goal of identifying this
and other false assumptions.
C. The second team member should send the other team member an
e-mail describing what he discovered.
D. You should send out an e-mail to the team restating the project
objectives and deliverables.
46. Your organization gets a project to dig a trench to lay fiber for a highspeed Internet connection. You are the project manager for this work. All
of the work permits have been obtained and funding has been approved.
There have been several weather related delays. In spite of that, the
project is on time due to perseverance of the entire team. You discover
that the customer does not have adequate facilities and will not have them
in time. As per the contract, it is his responsibility to provide entrance
facilities so the connection into the building can be made. Which of the
following would be the best course of action for you in this situation?
A. Continue working with your company's portion of the work
according to the contract. As a project manager, your job is done
once this work is completed.
B. Slow down the work, allowing the team time off but ensuring that
you will be completed before the customer finishes their portion of
the work.

C. Stop all work and request that the customer contact you when they
have fulfilled their responsibilities.
D. Continue working according to your contract. Remind the
customer both verbally and in writing of the customer's
responsibilities. Provide the customer with an estimate of the
impact if they do not meet their responsibilities.
47. You are the new project manager in a functional organization. The project
is a large one involving activities that the organization has never done
before. Your predecessor has left the firm. Basically in such type of firms,
different units are often rather hostile to each other. You get adequate
documentation, including an agreed-to project charter, project plan, WBS,
etc. The project is on schedule and within budget. However, the
atmosphere in meetings with the project members often seems tense. You
find offhand comments made by participants. It indicates a high level of
dissatisfaction with the project. You review all of the major project
documents with the key stakeholders and get agreement they are still
accurate. You think this is not enough to solve the problem. Which of the
following is the best comment for this situation?
A. Stakeholders have very different expectations about what the
project is supposed to accomplish.
B. The organizational structure and dynamics prevent people from
working together effectively.
C. There are personality conflicts among the project team members
that you need to uncover and resolve.
D. The project does not have an effective executive sponsor and thus
is not viewed as a high priority.
Controlling
1. Through which of the following does the generally accepted method to
confirm accuracy of tasks progress?
A.
B.
C.
D.

Earned value
Probability vs. outcome
Maximum ceiling
Work breakdown structure

2. When does monitoring cost performance to detect variances from plan

occur?
A.
B.
C.
D.

cost control.
cost management.
cost budgeting.
cost estimating.

3. Which of the following will determine the willingness to take a risk by an

individual?
A.
B.
C.
D.

Decision tree modeling

Monte Carlo method
Sensitivity analysis
Utility function

4. Which of the following will not assist in determining the impact of a scope
change?
A.
B.
C.
D.

Project charter
Baseline
Performance measurement
Milestones

5. With which of the following does the scope change control will not
integrate?
A.
B.
C.
D.

Schedule
Cost
Procurement
Quality

6. Risk response development intends to which of the following?

A.
B.
C.
D.

Create steps to identify project risks

Formulate strategies for dealing with adverse events.
Construct a list of previous project risks
Develop measurements to quantify project risks

7. Which of the following is not true for a project baseline?

A.
B.
C.
D.

It includes approved scope changes.

It is useful in preparing the WBS.
It is the original approved plan.
It is useful in detecting project variances.

8. What are Residual risks?

A.
B.
C.
D.

risks that remain after risk response planning

planning risks that are no longer a factor during execution.
new risks created by the risk response strategies selected.
lower priority risks not requiring mitigation efforts.

9. What are Secondary risks?

A.
B.
C.
D.

lower priority risks not requiring mitigation efforts.

new risks created by the risk response strategies selected.
discovered during risk identification.
planning risks that are no longer a factor during execution.

10. What does estimate at complete mean?

A.
B.
C.
D.

Anticipated total cost at project completion

Estimated average cost at project completion
Anticipated expenses at project completion
Each anticipated cost for project

11. All of the following can be used as a quality control tool EXCEPT:
A.
B.
C.
D.

Life-cycle costing
Pareto diagram
Work breakdown structure
Sampling

12. When should the project baseline be changed?

A.
B.
C.
D.

For all implemented changes

It should not be changed
At each project team meeting
Only for changes that have been approved by the change control
board

13. Which of the following is not relevant for analyzing a cost overrun?
A.
B.
C.
D.

communication plan.
lag.
labor rates.
resources used.

14. Project coordination is enhanced through progress reporting, variance

reporting and cross-team meetings. Which of the following studies does
includes this?
A.
B.
C.
D.

Stakeholder management.
Communications management.
Quality management.
Risk management and reporting.

15. Which of the following measures is used for the cost Performance Index?

A.
B.
C.
D.

Earned Value Actual Cost

Earned Value Planned Value
Earned Value / Actual Cost
Earned Value / Planned Value

16. A project becomes more complex. How does it affect the level of
uncertainty in the scope of the project?
A.
B.
C.
D.

Decreases.
Increases.
Remains the same.
Decreases and then increases.

17. Determine the schedule variance of the project, if PV is +ACQ-29,000, AC

is +ACQ-32,000, and EV is +ACQ-30,000.
A.
B.
C.
D.

+ACQ-1,000
+ACQ-2,000
0.938
1.034

18. Determine the CV of the project, if EV is +AD0- 350, AC is +AD0- 400, and
PV is +AD0- 325.
A.
B.
C.
D.

Negative 50
450
Negative 55
500

19. When does the baseline change?

A.
B.
C.
D.

Only under emergency conditions

With any approved changes
When the project sponsor determines it is appropriate
The original baseline is always maintained throughout the project.

20. Which of the following is correct if two events cannot occur in a single
trial?
A.
B.
C.
D.

They are mutually exclusive.

They are statistically independent.
They are false events.
They are just in time.

21. Generally, which of the following is better illustrated by a bar chart than a
network diagram?
A.
B.
C.
D.

Resource trade-off
Progress or status
Logical relationships
Critical paths

22. There is a major delay on a non-critical path activity. Which of the following
action must not be taken in this situation?
A.
B.
C.
D.

Change the project schedule

Investigate the delay
Reevaluate which path is critical
Review slack time for the task

23. Which of the following compares actual dates with planned dates?
A.
B.
C.
D.

PERT
Schedule definition
Variance analysis
Resource leveling

24. During which step of risk management workarounds are determined?

A.
B.
C.
D.

Risk quantification
Risk identification
Risk monitoring and control
Risk response planning

25. As a project manager, you decide to bring expected future schedule

performance in line with the project plan. Which of the following is the
correct term that defines such an activity?
A.
B.
C.
D.

Lessons learned
Scope verification
Corrective action
Scope planning

26. You have been assigned as project manager for a construction project.
You discover that a deliverable will be late. It will cause the project to be
delayed by four weeks. Your analysis shows that the item can be
purchased from another seller at a higher price without affecting the
schedule. What is the BEST thing to do?
A. Evaluate the impact of the decision

B. Discuss the impact with the customer and ask for a decision
C. Crash or fast track the project
D. Change the project plan to reflect the new due date
27. During the planning phase, Task G is on critical path. It was estimated to
complete in five days. But, on day two, it became clear that Task G would
take 15 days, which will impact the imposed project end date. The project
team meets to perform root cause analysis to identify the cause of the
variance and to plan schedule recovery with activities performed later in
the schedule. What is the output of this meeting called?
A.
B.
C.
D.

Corrective action
WBS updates
Activity list updates
Schedule updates

28. A project manager is trying to manage a complex project at a 6-sigma

level with 15 people. He decides to use a trend report. How does it help
him?
A.
B.
C.
D.

It evaluates earned value.

It examines project results over time.
It analyzes the level of project complexity.
It determines the level of quality.

29. A project manager analyzes the status of the project. He determines that
the project is two weeks behind schedule. He wants to recover the
original schedule. There is plenty of remaining budget in the current plan.
What is the BEST option for him in this situation?
A. Crash the schedule
B. Inform the team that overtime will be required for a short time to
recover the schedule
C. Reduce the scope of work with a change request
D. Compress the testing and quality management portion of the
project
30. A project manager wants to assess quality of the project. To do so, he
needs to measure the height of each table produced. But that would be
too expensive. In this case, which of the following tools will be more
useful?
A.
B.
C.
D.

benchmarking.
a sample.
a control chart.
a Pareto diagram.

31. A multi-year construction project experiences weather-related schedule

delays during the first winter of the project. All the local parties involved in
the project describe the climate as typical for this area. What should the
project manager do to integrate this information into the project schedule?
A. Lengthen the estimated activity duration for all activities scheduled
to occur the following winter
B. Re-evaluate the revised schedule to determine the potential
impact
C. Leave the current project schedule unchanged and work the issues
as they arise next year
D. Make changes to the project plan in order to maintain the current
project schedule
32. A team member notifies the project manager that a quality measurement
for the project cannot be met. What should the project manager do?
A.
B.
C.
D.

Notify management
Hold a team meeting
Look for alternative ways to meet the quality level
Ask management to come up with options

33. The primary customer of a project has requested an application change

during user testing. As a project manager, how should you address this
issue?
A.
B.
C.
D.

Develop a risk mitigation plan

Through a formal change request
Inform the project sponsor of changes to scope, cost and schedule
Ensure that scope change complies with all relevant contractual
provisions

34. During the first half of the project, five team members left for other projects
without being replaced. Two team members went on vacation without
informing you. Others expressed uncertainty about the work they were to
complete. In this situation, which of the following must be created for the
second half of the project?
A.
B.
C.
D.

Work breakdown structure

Resource histogram
Staffing management plan
Responsibility matrix

35. The networking vendor informs the project manager that the recent
earthquake will impact the delivery of critical components. The project

team must meet to determine the impact to the overall project. It is

determined that staffing will not be affected, but changes must be made in
the areas of risk and cost management. It is too early to tell if quality
baselines will be affected by this schedule change. In this situation the
project team is said to be involved in which of the following?
A.
B.
C.
D.

Configuration management
Work authorization analysis
Status review meeting
Integrated change control

36. A project is about to complete. Management requests the project manager

for a change. What is the first thing he should do?
A.
B.
C.
D.

Comply with the request if possible

Obtain a complete understanding of the scope of the change
Tell the customer that a change will be coming
Ask the team to accept the change

37. After a big effort, the project team finally determines the specifications for
a major scope change. What should the project manager do next?
A.
B.
C.
D.

Look for other changes

Notify the stakeholders about the new scope
Gain sign off on this change
Calculate the risks associated with this change

38. The project progress is tracked according to plan. The project manager
discovers that final deliverables will not be completed to meet deliverable
dates imposed by management. What should the he do now?
A. Renegotiate scope with stakeholders using some combination
of scaling back final deliverables or extending the project
timeline
B. Remember not to agree with unreasonable timelines imposed by
management
C. Drive the project team to work faster to make up for lost time
D. Recalculate the project schedule and distribute according to the
communications plan
39. A team member notifies you that he has added extra functionality to the
project. There was no impact on the cost or schedule. What should be
done as a result of this change?
A. Implement change control processes to track the change
B. Understand what functionality was added, to determine course

of action
C. Notify the functional manager that scope changes are not approved
D. Make sure marketing is aware of the change
40. A project manager has access to a tremendous amount of historical
information on projects. He wants to use this information to mathematically
forecast the future outcome of projects. Which of the following would he
MOST likely use?
A.
B.
C.
D.

Benchmarking
Trend analysis
Variance analysis
Decision trees

41. A functional manager wants to make a change to the time associated with
a task. There is not enough reserve to accommodate the change. Who
will order this kind of changes?
A.
B.
C.
D.

Senior management
The functional manager
The project manager
The team member performing the work

42. You have just been assigned as the project manager. The project is in the
middle of the execution phase. You are determining how you will control
the project. Which of the following would be the BEST way?
A. Use a combination of communication methods.
B. Hold status meetings because they have worked best for you in the
past.
C. Refer to the Gantt chart weekly.
D. Meet with management regularly.
43. A project team has invited many of the project stakeholders to help them
inspect quality on the project. Which of the following would NOT be an
output of this activity?
A.
B.
C.
D.

Quality management plan

Quality improvement
Rework
Process adjustments

44. During project execution, a team member identifies a risk that is not in the
risk management plan. What should the project manager do?
A. Analyze the risk

B. Get further information on how the team member identified the risk,
because you already performed a detailed analysis and did not
identify this risk
C. Disregard the risk, because risks were identified during planning
D. Inform the customer about the risk
45. +ACI- is an uncommon state of nature, characterized by the absence of
any information related to a desired outcome. Which of the following
states the other definition of +ACI-?
A.
B.
C.
D.

It is an act of God.
It is an amount at stake.
Uncertainty.
Risk aversion.

46. A project manager is monitoring specific project results to determine if they

comply with relevant standards. He eliminates causes of unsatisfactory
results. Which of the following includes this kind of activity?
A.
B.
C.
D.

Quality planning.
Quality assurance.
Quality work results.
Quality control.

Closing
1. In which of the following order does the processes are performed in the
Closing process group?
A.
B.
C.
D.

Contract Closeout then Scope Verification

Administrative Closure then Contract Closeout
Scope Verification then Administrative Closure
Contract Closeout then Administrative Closure

2. When was the contract is considered closed From the seller's point of
view?
A.
B.
C.
D.

final payment is made.

the archives are completed.
lessons learned is complete.
scope of work is complete.

3. Which of the following would be created as an output of administrative

closure?
A. a project charter.

B. a risk analysis plan.

C. a project plan.
D. project archives.
4. Which of the following is the BEST technique to ensure proper contract
closure?
A.
B.
C.
D.

Contract documentation
Procurement audits
Scope change control
Formal acceptance

5. Which of the following is TRUE regarding performance reporting?

A.
B.
C.
D.

It is done during control and closure.

It is done during execution and control.
It is done during planning and execution.
It is done during planning and control.

6. Which of the following is NOT included in Administrative closure?

A.
B.
C.
D.

Analysis of project success.

A collection of project records.
Creating a project risk management plan.
Ensuring that records include final specifications.

7. Which of the following must be documented during a contract closeout?

A.
B.
C.
D.

Formal acceptance
Statement of work
Payment schedule
Change control procedure

8. Which of the following documents helps a company improving its project

performance and creating historical records of past projects?
A.
B.
C.
D.

Network diagrams
Project plans
Status reports
Lessons learned

9. A project manager follows the internal project procedures to finish a

project. He also uses Lessons Learned during the execution. Who
create(s) the Lessons learned?
A. Stakeholders

B. Management
C. Project manager
D. Client
10. Which of the following documents does the project manager refer during
closure of the project?
A.
B.
C.
D.

Trend analyses
Documents that describe the project status
Documents that describe the product of the project
Change requests

11. What does the contract lessons learned include?

A.
B.
C.
D.

Customer's evaluation of the scope of work

A complete list of the contract as built drawings
Evaluations of what went right and wrong
Team's evaluation of the contract type selected

12. You are the project manager for a large international bank. The project
team has just implemented an electronic funds project. It involves four
large vendors. You are struggled through every phase of the procurement
process since the bank had a weak internal contracts department. You
want to ensure that the problems are resolved for future projects. What
would be the MOST appropriate thing to do?
A. Document all of the issues in a memo and schedule a meeting with
the head of the contract office
B. Include an agenda item in the project closedown to discuss these
issues in a non-threatening manner
C. Address this through contract change control
D. Conduct a procurement audit
13. The scope of work is completed on a project. However, the customer is
not happy because they want additional work to be completed. In light of
this, what should be done?
A. Begin closure on the contract and sign a new one for the
additional work
B. Change to a cost reimbursable contract
C. Tell the customer it is too late to make a change
D. Add to scope of work and proceed with additional work after
obtaining management's agreement
14. Part of the project objectives for your company was to acquire additional
expertise completing a large scale project. The project is mostly

completed when your client terminates the contract. A change in their

business means the work is no longer needed. What is the MOST
effective thing to do?
A.
B.
C.
D.

Stop work immediately

Complete the project, but do not charge the client for the time
Tell the client that work will stop after it is completed
Move on to closure

Professional Responsibility
1. Which of the following step is to be taken when your company puts a new
product into the market place without any reports of problems, but later on
your internal research indicated that there is a possibility of two serious
injuries per year and would cost $21,000,000 to fix?
A.
B.
C.
D.

Obtain insurance to cover the anticipated damages

Wait until an injury to verify the impact
Make the modifications necessary in current products
Recall all existing product

2. Which of the following is the best advantage of a charter by which a

project manager can easily convince the management regarding the
usefulness of project management?
A.
B.
C.
D.

It describes the details of what needs to be done.

It lists the names of all team members.
It gives the project manager authority.
It describes the Project's history

3. What would be the best thing done by a new project manager if at the
beginning of creating the project's scope of work one stakeholder wants to
add many items and another wants to describe the functional
requirements and though the project is important for the company but a
seller will do the work?
A. The scope of work should be general to allow the seller to make
its own decisions.
B. The scope of work should be general to allow clarification later.
C. The scope of work should be detailed to allow clarification later.
D. The scope of work should be as detailed as necessary for the
type of project.
Explanation: Sometimes the scope of work on a project can be described
in great detail. However, sometimes the seller has the expertise and the

buyer does little. The scope of work would therefore describe or

performance or function rather than a complete list of work.
4. Which of the following step is to be taken when you discover, just one day
before a major negotiation with a potential subcontractor, that there is a
good chance, the project will be cancelled?
A.
B.
C.
D.

Only negotiate major items

Let the contracts department handle the situation
Postpone the negotiations
Cut the negotiations short

5. Defining which of the following is the key factor for achieving customer
satisfaction?
A.
B.
C.
D.

The business use

Requirements
Product specificity
Change control

6. Which of the following form of communication a project manager prefers

when he has a problem with a team member's performance?
A.
B.
C.
D.

Formal verbal communication

Informal verbal communication
Formal written communication
Informal written communication

7. You along with one of your team member from research and development,
after he tells you that his work is too creative to provide you with a fixed
single estimate for the task, decide to use the average time the task has
taken for past projects to predict the future. This is an example of:
A.
B.
C.
D.

Parametric estimating
PERT
CPM
Monte Carlo

Explanation: They are using a mathematical model to predict the duration

of the task. In this case the model is as simple as just taking the average
of all past tasks. Using in models is a characteristic of parametric
estimates.
8. Which of the following is NOT the responsibility of a project manager?
A. Maintain the confidentiality of customer confidential information

B. Determine the legality of company procedures

C. Ensure that a legal conflict of interest does not compromise the
legitimate interest of the customer
D. Provide accurate and truthful representations in cost estimates
9. You are asked to prepare a budget for completing a project that was
started two years ago and then shelve for six months. Which of the
following would NOT be included in the budget?
A.
B.
C.
D.

Sunk cost
Fixed cost
Direct Cost
Variable cost

10. This is your first Project, and you are asked to plan a new project. Which
of the following is BEST in this situation to rely on - during planning to
improve your chance of success.
A.
B.
C.
D.

Your management skills

Your previous training
Historical records
Responsibility charts

11. You have been asked to help senior management when your organization
is having a difficult time managing all of its projects. Which of the following
types of reports would help provide summary information?
A.
B.
C.
D.

Gantt charts
Project plans
Milestone reports
Detailed cost estimates

12. It is not known whether your company will be awarded a business. You
approach the official who will decide on this matter. You offer a payment to
him for any decision made or encouraged to your favor. What is this
payment called?
A.
B.
C.
D.

Token money.
A progress fee.
A sunk cost.
A bribe.

13. You are the project manager of a new product development project. It has
four levels in the work breakdown structure that are sequenced using the
arrow diagram technique. You received the activity duration estimates for
the project. As per the time management, what is done after activity

duration estimating?
A. Create an activity list
B. Update the work breakdown structure
C. Collect historical records
D. Duration compression
14. A project manager wants to establish a baseline for measuring project
performance. In this effort, he allocates overall cost estimates to
individual activities or work packages. What is this activity called?
A.
B.
C.
D.

Cost management
Cost estimating
Cost budgeting
Cost control

15. The cultural and ethical differences should not impede success of multinational projects. Which of the following assures this among the team
members?
A.
B.
C.
D.

Co-locating
Training
Forming
Teaming

16. Negotiating across international cultures will involve mutual

interdependence between parties. How these negotiations should be
conducted?
A.
B.
C.
D.

Mutual trust and cooperation

Generalities and vagueness
Sincerity and compassion
Uncertainty and caution

17. Your company is on the way of breaking a deal in another country. One of
your official begins negotiations with people from that country. They want
to know which business practices are allowed and which are not. Which of
the following gives a proper guidance in this respect?
A.
B.
C.
D.

The project charter

The negotiation plan
The company code of conduct
The project scope management plan

18. Which of the following includes activities like adhere to legal requirements,
satisfy competing needs, provide accurate and truthful representations
and disclose conflicts of interest?

A.
B.
C.
D.

The professional responsibility of the project manager.

The intellectual property requirements of subcontractors.
Project closure activities.
Work in scope management.

19. During the execution of a project, the project manager wants a change in
the material purchased. Immediately, he calls a team meeting to plan in
this regard. Which of the following is reflecting in this situation?
A.
B.
C.
D.

Management by objectives.
Lack of a change control system.
Good team relations.
Lack of a clear work breakdown structure.

20. You are the project manager of a new software development project. You
are completed the construction phase. The next phase is testing and
implementation. The project is two weeks ahead of schedule. Before
moving onto the final phase, which of the following is a matter of concern
for you?
A.
B.
C.
D.

Scope verification
Quality control
Performance reports
Cost control

21. You are managing a fixed price contract. You think that a large customerrequested change might impact the schedule of the project. What should
you do?
A.
B.
C.
D.

Meet with the stakeholders

Meet with the team
Renegotiate, the remainder of the contract
Follow the change control system

22. Your project is on schedule and budget after five-and-a-half months of

work. But the sponsors are not satisfied with the deliverables. This will
delay the project completion by one month. Which of the following might
have prevented this?
A.
B.
C.
D.

Risk monitoring and control

Schedule control
Scope planning
Scope change control

23. You are the Project manager of a US $5,000,000 software development

project. This involves development of a network diagram. You notice a
series of activities that can be worked in parallel but must finish in a
specific sequence. Which type of activity sequencing method is required
for these activities?
A.
B.
C.
D.

Precedence diagramming
Arrow diagramming
Critical path
Conditional diagramming

24. Your team has just provided you with the activity duration estimates.
Before you start schedule development which of the following must you
refer?
A.
B.
C.
D.

Risk management plan

Corrective action
Schedule change control system
Change requests

25. A project is in planning phase. You have just been taking it over. Your
predecessor had made few processes for managing changes to the
schedule. You want to take a note on those plans. Which of the following
documents must you refer?
A.
B.
C.
D.

Communication plan.
Project plan.
Time management plan.
Schedule management plan.

26. You are the project manager of a new telecommunications project

involving high risks. No one has evaluated the risks to access the range of
possible project outcomes. Which of the following activities must you
conduct first?
A.
B.
C.
D.

Risk quantification
Risk monitoring and control
Risk identification
Risk response planning

27. You are the project manager for a large project under contract with the
government. The contract for this two year, multi-million dollar project was
signed six months ago. You were not involved in contract negotiations or
setting up procedures for managing changes, but now you are swamped

with changes form the sponsor and from people inside your organization.
Who is normally responsible for formally reviewing major changes to the
project/contract?
A.
B.
C.
D.

The change control board

The contracting/legal department
The project manager
Senior management

Explanation: It is the role of the change control board to review and

approve changes. That board may include people representative of all of
the other choices.
28. Management tells a project manager to subcontract part of the project to a
company that management has worked with many times. Under these
circumstances, the project manager should be MOST concerned about:
A. Making sure the company has the qualifications to complete
the project
B. Meeting management exceptions of time
C. The cost of the subcontracted work
D. The contract terms and conditions.
29. A project has a tight budget when you begin negotiating with a seller for a
piece of equipment. The seller has told you that the equipment price is
fixed. Your manager has told you to negotiate the cost with the seller.
What is your BEST course of action?
A. Make a good faith effort to find a way to decrease the cost
B. Postpone negotiations until you can convince your manager to
change their mind
C. Hold the negotiations but only negotiate other aspects of the project
D. Cancel the negotiations