Test Time - 04-30-51 - Total Test Time - 90 Min

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S e l f A sse ssm e n t T e st
7 5 F r e e S a mp le Q u e s t io n s
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1. ________ is typically not referred to as a buffer type in Critical Chain project management.
Resource buffer
Free buffer
oliverlehmann.com/…/75-free-questio… 1/41
Feeding buffer
Project buffer
2. A company has to make a choice betw een tw o projects, because the available resources in
money and kind are not sufficient to run both at the same time. Each project w ould take 9
months and w ould cost $250,000.
1. The first project is a process optimization which would result in a cost reduction of $120,000 per
year. This benefit would be achieved immediately after the end of the project.
2. The second project would be the development of a new product which could produce the following
net profits after the end of the project:
1. year: $ 15,000
2. year: $ 125,000
3. year: $ 220,000
Assumed is a discount rate of 5% per year. Looking at the present values of the benefits of
these projects in the first 3 years, w hat is true?
Both projects are equally attractive.

The first project is more attractive by app. 7%.
The second project is more attractive by app. 5%.

The first project is more attractive by app. 3%.
3. A production process has been defined as part of an industrial equipment manufacturing project.
The process is intended to produce steel bolts w ith a length of 20 cm. The control limits are
19.955cm and 20.045cm.
The measurements made at the end of the process yielded the follow ing results:
20.033cm, 19.982cm, 19,995cm, 20.006cm, 19.970cm, 19.968cm,

19.963cm, 19.958cm, 19.962cm, 19.979cm, 19.959cm.
What should be done?
The process is under control. It should not be adjusted.
A special cause should be investigated, the process should be adjusted.
The control limits should be adjusted.

The measuring equipment should be recalibrated.
4. Your project management team includes tw o external consultants each from a different company.
You found that repeated conflicts betw een the tw o consultants already slow dow n project
progress and jeopardize achievement of objectives.
Which stage of team development can be difficult to overcome in such a situation?
Storming from Forming, Storming, Norming, Performing
Panic from Enthusiasm, Panic, Hope, Solution
Kickoff from Assignment, Kickoff, Training, Communicating

Frustration from Direction, Frustration, Cooperation, Collaboration
5. During a project Earned Value Analysis is performed and gives the following numbers:
EV: 523,000; PV: 623,000; AC: 643,000.
Which results are correct?
CV: +120,000; SV: +100,000

CV: +100,000; SV: +120,000
CV: -100,000; SV: -120,000

CV: -120,000; SV: -100,000
6. A project manager spent some days to create a multi-page document w hich he called Project
charter. The document should have been issued by the project sponsor. The sponsor found the
document outsized and asked for a condensed document.
Which of the following is not normally an element of the Project charter?

The authority level of the project manager
Detailed control account and work package descriptions
The business need that the project w as undertaken to address

High-level risks
7. A document called ____________ is created by decomposing the project scope into smaller,
more manageable elements.
Scope Statement
Netw ork Logic Diagram
Work Breakdow n Structure
Requested Change
8. Which of the following tools is used to create a Risk Management Plan?
Risk planning meetings
Documentation review s
Data precision rankings
Diagramming techniques
9. In order to speed up a project, you made a decision to fast-track a phase currently performed
with five team members and another one w hich w as planned to begin in four weeks time w ith
another five team members.
Which of the following activities should you do first?
Make sure that all exit criteria of the consecutive phase have been met to ensure the flow
of communications in a team situation w hich is more complex by a factor of 2.
Make sure that all entry criteria of the previous phase have been met by planning and
performing a phase gate meeting to assess technical aptness.
Make sure that all exit criteria of the previous phase have been met by planning and
performing a phase gate meeting to assess technical performance.
Restructure your team and delegate tasks in order to ensure the flow of communications in
a team with the number of communication channels increased by a factor of 4.5.
10. A project manager needs a certain number of identical valve housings for a pow er station
project.
He starts w ith 100 raw items w hich are made as metal castings. Out of this batch, 15 are found
leaking from micro-porosities in a subsequent pressure test. 6 of these housings can be
recovered by a special sealing process for raw castings.
The 91 housings are then being machined. After this process step 10 machined castings are
found leaking. 3 of these items can also be saved using another sealing process for machined
castings.
The remaining 84 housings are getting mounted to the pow er plant pipe w ork. During a
pressure test after this process step it is found that 12 valves are leaking. Out of these a
number of 6 valves can be saved by replacing the sealing rings used.
Finally the project manager has 78 valves w hich he can use. What is true?
RTY = 0.84
RTY = 0.78
RTY = 0.91
RTY = 0.65
11. You found the follow ing Earned Value Analysis information for a recently closed out project:
SPI = 0.7, CPI = 1.0
The project has been cancelled w hile it w as executed. At that time the project was behind
schedule and on budget.
The project's deliverables have all been finished. The project came in behind schedule but
on budget.
The project's deliverables have all been finished. The project came in ahead of schedule
but on budget.
The project's deliverables have all been finished. The project came in on schedule but
over budget.
12. Which should be included in a Requirements management plan?
The document should trace requirements to project scope / WBS deliverables.

It should describe how requirements activities w ill be planned, tracked, and reported.
It should trace high-level requirements to more detailed requirements.

It should trace requirements to business needs, opportunities, goals, and objectives.
13. In a traditionally draw n decision tree, a circle represents ___________.
a chance to w hich no Expected Monetary Value can be assigned so that a likely pay-off can
not be show n.
a decision to w hich no Expected Monetary Value can be assigned so that a likely pay-off
can not be shown.
a chance to w hich an Expected Monetary Value may be assigned to calculate the most
likely pay-off.
a decision to w hich an Expected Monetary Value may be assigned to calculate the most
likely pay-off.
14. A project management team has subcontracted w ork to a service company. Which of the
follow ing tools is the best choice to assure that this company w ill be able to meet the quality
requirements of the project?
Quality audit
Deliverable inspection
Fixed price contract

Service level agreement
15. With your team you are using judgment from subject matter experts to identify and analyze
project risks. There is a small number of experts available, but some of them have long been in
a teacher-student or manager-assistant relationship.
Which of the follow ing techniques can ensure best that there is no dominating opinion during an
expert review ?
Peer review
SWOT analysis
Delphi technique
Monetary value calculation
16. You are running a project for a customer based on a cost reimbursable contract w ith the
follow ing terms:
Target costs: $ 1,000,000

Fixed fee: $ 100,000
Benefit/cost sharing: 80% / 20%
Price ceiling: $ 1,200,000
Which is the PTA (= Point of total assumption, Break point) of the project?
$1,300,000
$1,500,000
$80,000
$1,125,000
17. During execution of a project w hich is performed for a customer on a T&M (Time and Material)
contract base, a new project manager is taking over the assignment.
He discovers that tw o members assigned to the project have charged time w ithout performing
any w ork for the project customer. Upon further investigation, he determines that this occurred
because there have been no other project assignments open for these employees. The
customer is unaw are of these facts.
What should the project manager do?
Try to find some productive w ork for these staff members in the project and leave them on
the team.
The best thing is to do nothing. The customer w ill not realize the problem anyw ay.
Try to find a responsible person for the over-assignment w ho can be made accountable.
Take the tw o people off the team immediately and arrange for the refund of the excess
charges to the customer.
18. Start dates in the follow ing netw ork logic diagram are defined as early morning, finish dates are
evening.
If tasks are scheduled to begin at early start date, w hat is true?
Activity B has a free float of 10 d.

Activity B has a total float of 10 d.
Activity A has a free float of 10 d.

Activity A has a total float of 10 d.
19. Your project is executed w ith a globally spread virtual team. The project progress has been
found to be too slow . Which measure is most likely to immediately speed up the project?
Technical training for all team members
Daily phone conferences and detailed reporting

A team meeting at a location convenient to all team members
Collocation of team members at a suitable place
20. A project management team w ants to procure some customized products w hich are available in
identical grade and quality from many vendors. What should be included in the procurement
package to ensure that their offers w ill be comparable?
A statement of w ork describing the needs of the project in sufficient detail to enable
vendors to make suitable proposals
A statement of w ork specifying attributes and metrics of the requested deliverables in
detail to allow vendors submission of bids
The approved project scope statement, the WBS w hich should be broken dow n to Work
Package level and the WBS dictionary
The risk management plan and the reports from those risk management review s w hich
have been made so far
21. Which of the follow ing becomes increasingly important in a virtual team environment?
Requirements engineering
Communication planning
Formal procurements closure

Netw ork diagramming
22. You are assigned as the project manager to a project w hich is executed for a customer under FP
contract. Your customer informed you this morning that they insist on certain "refinements" of
the project scope.
You agree that the requested actions make really sense to the project, but believe that they
constitute a major change increasing the project scope. What should you do next?
Accept the request of the customer. Diligently document the additional costs and w orking
hours spent by yourself and the team on the implementation of the change and invoice
these to the customer at appropriate rates.
Perform Earned Value Analysis to assess the current status of the project and get all the
numbers you need to communicate the case to the Change Control Board w hich then w ill
have to make the best decision regarding the customer request.
Check the contract, the project charter, the scope statement and other documents related
to the project and the contract. Implement ADR (Alternative Dispute Resolution)
procedures if the conflict cannot be resolved otherw ise.
Talk to the project sales department and find a joint solution w ith them how to best reject
the request considering the commercial and strategic value of the customer to the
organization you are w orking for.
23. A prime contractor in a customer project under CPFF contract has run into unexpected technical
problems. Fixing them w ill require a lot of additional w ork to be done.
The company made a decision to book more staff and equipment from their subcontractors in
order to adhere to the agreed timeline. The customer agreed to this decision.
What w ill most likely happen?
The contractor‘s indirect costs w ill increase and the customer‘s payment for them w ill
increase, too.
The contractor‘s indirect costs w ill increase but the customer‘s payment for them w ill not
increase.
The contractor‘s indirect costs w ill not increase but the customer‘s payment for them w ill.
Neither the contractor's indirect costs nor the customer‘s payment for them w ill increase.
24. A project management team is evaluating the causes that might contribute to unsatisfactory
performance and quality. Which of the follow ing statements is not true?
Normal process variation is attributable to random causes and sometimes also called
"w hite noise".
Special causes are easier to predict and handle than random causes (also called common
causes).
Special causes are unusual events w hich are difficult to foresee and often produce
outliers.
A process can be optimized to limit the bandw idth of variations due to random causes.
25. You are performing a project management audit in your company and find that most of the
project plans are neither consistent nor up-to-date.
Which of the follow ing statements is not true?
Projects should never be executed w ithout a valid, updated and working project
management plan.
The consistency of the project management plan is secondary because it is only the
results that matter.
A great deal of effort is required to develop and update a project plan, but the benefits
include less pressure on all stakeholders and a resulting product that w ill satisfy the
requirements.
Poor planning and insufficient updating of project management plans are common reasons
for cost and time overruns.
26. You w ant to perform active risk acceptance. What should you do?
Create contingency reserves in resources, money and time.
Develop a plan to minimize impact in case that an identified risk occurs.

Develop a plan to minimize the probability of occurrence for identified risks.
Make additional resources available to speed up the project.
27. A project manager made 3-point estimates on a critical path and found the follow ing results:
Assuming ±3 Sigma precision level for each estimate, w hat is the standard deviation of the
allover path?
App. 4.2 days
App. 5.2 days

App. 6.2 days
You can not derive the path standard deviation from the information given.
28. When do bidder conferences normally take place?
After the contract has been aw arded to keep alternatives open.
After submittal of bid or proposal, but before contract award.
Prior to the submittal of a bid or proposal by the bidder.

After technical meetings with bidders to discuss contract requirements.
29. What is defined by control limits?
A measuring instrument solely used to describe process capability. The process is found
capable if the ±3 Sigma range is exceeded by not more than 0.3% of a tested sample lot.
The limits of the six Sigma area on either side of a control chart to plot measured values;
data found outside the area are out of specification and can lead to rejection of an entire
batch.
The area consisting of typically three standard deviations on either side of a mean value of
a control chart to plot measured values found in statistical quality control
The area consisting of typically three standard deviations on either side of a mean value of
a control chart to plot measured values found in quality assurance
30. The Scope baseline consists of w hat?

Scope statement, WBS, and WBS dictionary
Cost baseline, Quality baseline and Schedule baseline

Configuration management plan and Configuration identification document
Procurement statement of w ork and Project scope statement
31. Activity 1 has a duration of 20 days, Activity 2 of 10 days, Activity 3 of 5 days and Activity 4 of 6
days.
What is the minimum total duration betw een the Milestones A and B?
36 days
37 days
39 days
42 days
32. Which tool and technique is used to Create WBS and Define activities?
Nominal group technique

Human resource assignment
Brainstorming
Decomposition
33. Which of the follow ing statement(s) regarding whistle-blow ing is/are not true?
a. It is a term used to define an employee’s decision to disclose information on unethical, immoral or

illegal actions at work to an authority figure.
b. An employee should always discuss the matter with people external to the company before
following the "chain of command" and discuss it with the immediate superior.
c. The consequences of whistle-blowing are often extreme and include possible being branded as
having bad judgment, firing, civil action and imprisonment.
d. C arefully considered whistle-blowing can lead to the end of unethical business practices.
b
b, c
c, d
34. Which of the follow ing statements is not true?
Attribute sampling is the process of assessing w hether results conform to specifications or

not.
Prevention means keeping errors out of the process by applying actions before the
process starts changing its input.
Variables sampling means that the result is classified into one of the 3 categories:
"acceptable" - "acceptable after rework" - "rejected".
Inspection is often mainly done to keep errors out of the hands of the customer instead of
as a means of process control.
35. Which statement describes best why you should document assumptions?
Assumptions might prove to be w rong. Know ing w hich assumptions w ere incorrect allow s
baseline adjustments in case of project crisis.
Assumption analysis is a valuable tool and technique to explore the validity of assumptions
during risk identification.
Assumptions limit the project management team's options for decision making because
they can not be controlled by the team.
In case of schedule or budget overruns, the documentation of assumptions supports a
clear assignment of responsibility.
36. Which is normally not regarded as an element of Cost of quality?
Prevention costs
Maintenance cost
Appraisal costs
Failure costs
37. You have recently been assigned as a project manager to a new B-O-T (Build, Operate,
Transfer) capital project. Review ing the initial documentation you found out that it has been
calculated w ith a very small margin during operations of its product for the shareholders. What
should you do?
As you are not responsible for lifecycle costing, you don't have to w orry about operation
profits. Focus on project costs from initiation through handover.
Ensure maximum profits by buying the best and cheapest items, components and modules
- potentially from a big number of different suppliers - and integrating them.
Create a realistic plan broken dow n to a sufficient level of detail. Perform all risk
management processes. Ensure real-time communications w ith all stakeholders.
Try to get a second project manager assigned to share decision making and accountability
to shareholders w ith the person.
38. A project is handled by departments of an organization and expedited by a project coordinator.

Which of the follow ing statements is most likely to be true?
The performing organization is a w eak matrix.
The performing organization is doing "management by projects".

The performing organization is a strong matrix.
The performing organization is projectized.
39. You are project manager in a global project w ith a team consisting of people from various
countries. What can you try to prevent misunderstandings due to cross-cultural differences?
Use all communication methods available that are suitable for the team and follow up in
w riting w hen communicating verbally. Remember that cultural and individual diversity may
help project teams solving unforeseen problems during the course of the project.
When you are about to form a team for your project, keep in mind that some cultures are
developed, others are more primitive. Some have values, some not. You should
consequently avoid choosing members from countries w ith cultures that are not similar to
your ow n.
Cultural dilemmas can prevent any project from being successful. They should therefore be
smoothed or suppressed so as to make sure that they cannot disrupt project w ork. Your
effort should concentrate on communication that can help reach that goal.
As norms regarding communication habits differ significantly across various cultures,
communicating betw een people from different countries should only be done using
language. The nonverbal dimension simply bears too many risks.
40. Which statement on conflicts is true?

Conflict resolution should focus on people, not issues.
Conflict is natural and forces a search for alternatives.

Conflict should alw ays be handled in private and not in the team.
Too much openness is a common cause of conflict.
41. A change request in a project has been rejected some w eeks ago. Yesterday, the project
manager found out that it nevertheless has been implemented by the team members, w ho
knew of the change request, but not of the rejection.
In order to avoid such a situation, Rejected change requests should be consistently

communicated to stakeholders through w hich process?
Report performance
Verify scope
Perform integrated change control

Monitor and control risks
42. What is a trigger in project risk management?
An expected situation causing an unidentified risk to occur

A w arning sign that a previously identified risk might be occurring or has occurred
An unexpected situation causing an identified risk to occur
An unexpected situation causing an unidentified risk to occur
43. According to the project plan, a contractor is scheduled to deliver some softw are components
today afternoon. A regular payment is due to be made to this contractor tomorrow .
You and your project team received a note this morning informing you that the softw are delivery
w ill be delayed by 2 w eeks.
What should you do right now ?
You should delay the payment also for 2 w eeks.
You must immediately find a different contractor.

You should conduct a meeting w ith the contractor to resolve the delivery issues before
making the payment.
You should make the payment and reschedule the project plan.
44. In a softw are company a large number of simultaneously performed projects utilize the same
groups of human and other resources.
What is the term commonly used for this situation?
Concurrent engineering
Resource over-allocation
Resource pooling
Program management
45. What does the acronym RACI commonly stand for in project management?
Responsible, Accountable, to be Consulted, to be Informed

Remote, Attached, Connected, Integrated
Risk Analysis and Caution Initiative
Randomly Accessible Cashflow Information
46. You have used estimates made by your team members and applied the Critical path method to
compute a Netw ork logic diagram for your project. Then you found out that it cannot be
sufficiently optimized for scarce resources and fast progress tow ards a given deadline. What
should you do next?
Apply resource leveling heuristics to uncritical activities only.

Reduce estimates on duration and work efforts by an adequate percentage.
Apply Three-point estimation and Critical chain project management.

Remove physical constraints and replace hard logic w ith soft logic.
47. Liquidated damages (LDs) are contractually agreed payments in order to...
...give the contractor an incentive to meet an aggressive schedule or challenging quality
objectives.
...penalize the contractor for late completion of a project or failure to meet specifications.
...cover the customer's costs caused by late completion or failure to meet specifications by
the contractor.
...make a bid or proposal binding for the offerer while the customer has time to select
among various bidders.
48. What should not be covered by a risk management plan?

Roles and responsibilities for handling project risks
Timing of project risk management activities
The methodological approach used for risk management

Individual risks and potential responses to them
49. You are assigned as the project manager to a project w hich had a one-time cost variance in the
past caused by unexpected rework w hich has meanw hile been finished.
You perform Earned Value Analysis and find the follow ing results:
EV: 250,000; PV: 200,000; AC 275,000
BAC is 500,000.
What is right?
EAC = 550,000
EAC = 525,000
EAC = 500,000
EAC = 425,000
50. An estimation has been made that the construction of a residential home w ill cost a certain
amount per square foot of living area. This is an example of w hat type of estimating?
Analogous estimating
Bottom-up estimating
Top-down estimating
Parametric estimating
51. What is true for prototypes?

Prototyping causes significant costs and should be avoided w herever possible.
They are tangible and allow for early feedback on requirements by stakeholders.
Prototypes are mostly developed tow ard the end of a design or build phase.
Prototypes increase the risk of misunderstandings betw een developers and users.
52. What is a constructive change?

A change request that helps improving the project and its product, service or result and is
discussed generally in a friendly style.
A direction by the buyer or an action taken by the seller that the other party considers an
undocumented change to the contract.
A field change or ad-hoc change mandated by the project customer in a public construction
project.
A change request w hich will lead to the re-construction of an older version of the project
performance baseline by the contractor.
53. Which of the follow ing is generally not regarded to be a motivator according to Frederick
Herzberg?
Working conditions and interpersonal relations
Responsibility for enlarged task

Interest in the task
Recognition for achievement
54. What is true for modern project management? Project managers need...
... to have a strict standing in negotiating
... to show experience in tricking business partners

... to be team players and facilitators instead of "bosses"
... to be strongly linked to local traditions
55. You are the project manager in an engineering project and have recently signed a contract w ith
a softw are vendor for the development of a complicated control solution. The softw are w ill be
used to control machinery equipment w hich your project team is currently developing. The
contract is a lump-sum contract. The contractor has target cost estimated w hich seem rather low
to you. Which of the follow ing statements is not true for this situation?
It is the contractor's risk in this type of contract that their profit may vanish if costs have
been underestimated.
This form of contract should only be chosen w hen all the requirements for the building of
the product are w ell-known by all parties involved.
In a fixed-price contract, change requests can cause issues regarding additional time and
extra costs for the changes to be applied.
It is likely that your organization may have to assume any unexpected additional costs for
the softw are development.
56. A review to determine w hether of project activities comply w ith organizational and project
policies, processes, and procedures is commonly called
Quality auditing
Inspection
Quality testing
Reject screening
57. Which of the follow ing is true in regard to the Code of Accounts?
It allow s one to easily identify the breakdow n level of the item in the resource structure.
It describes the coding structure used by the performing organization to report financial
information in its general ledger.
It is the collection of unique identifiers generally assigned to WBS items.
It defines ethical behavior in the project and the responsibilities to the customer and the
profession.
58. You are the manager of your company's project management office. The company is running
many concurrent projects; most of them share a resource pool of technical staff. Understanding
how resources are utilized across projects has been found essential to overall project
performance, including cost effectiveness and profitability.
This morning you received a message that the resource pool members w ill be unable to perform
as planned for the next months because the overall w ork load has grow n too high and w hile
delays are adding up, the morale of the staff is going dow n.
What should you do next?
Ensure that quantitative information for all projects is being made available in a uniform
and reliable fashion and verify that the project management methodology is adhered to.
Then consolidate the information to get an understanding of the problems related w ith the
use of shared resources.
Implement an enterprise project management softw are solution w hich is able to level the
human resources across the various projects and which has the capability to model
resource assignment on a percentage level thus optimizing resource utilization for the
overall organization.
Do nothing related to the described problem unless you are explicitly requested by the
organizations upper management. Supporting decision making on the level on w hich
project portfolio management is done, is not the project management office's business.
Evaluate project management softw are w hich supports planning and scheduling across
enterprise-w ide project portfolios. Avoid managing the availability of shared enterprise
resources for the projects run by an organization because this is not the business of a
project management office.
59. You have been criticized that certain specifications in your Scope Statement do not pass the test
for SMART objectives. What are SMART objectives?
Objectives specified in far more detail than necessary for a execution of a successful
project.
Easily achievable objectives w hich help you reducing the pressure on yourself and the
team.
Objectives that should be achieved in order to attain formal recognition by both the
customer and the project sponsor.
Objectives that are described using specific, measurable, assignable, realistic and time-
related specifications.
60. You have been assigned as a project manager to a softw are project. While you and your team
are w orking on a WBS (Work breakdow n structure), estimations for activity durations based on
the activity list vary significantly. Which additional documents may help you clarify this situation?
Milestone list and scope baseline.

Project schedule netw ork diagrams and human resource plan.
Activity cost estimates and scope baseline.

Activity attributes and project scope statement.
61. You are performing Earned value technique on your project.
After budget approval, an additional and unexpected cost item has been identified, w hich made
the project more expensive some w eeks ago. The item has meanw hile been paid by the project
team, and it is expected that for the remaining duration of the project, costs w ill be as
budgeted.
In this case, w hich is the best formula to calculate EaC (Estimate at Completion)?
EaC = BaC - CV
EaC = BaC / CPI

EaC = AC + BtC / CV
You can not compute the EaC.
62. During a company event, you had the opportunity to talk to a colleague project manager. He
told you that in his current project actual costs are 15% under cumulated costs budgeted for
today.
What do you think?

The information given to you by the colleague is not sufficient to assess project
performance.
The project w ill probably be completed w ith total costs remaining under budget until the
end.
A significant cost increase during the further course of the project w ill probably bring the
costs back to baseline level.
Original cost forecasting and budgeting for the project must have been poor to allow this
variance.
63. What is the meaning of a concept called the "Journey to Abilene"?
Project managers should visit their customers far more often than w hat is usual in order to
avoid misunderstandings and bad emotions.
International projects may have an increased need for traveling which can lead to
additional costs and troubles with time zones.
Committee decisions can have the paradox outcome, that a jointly made or approved
decision is not desired by any individual group member.
A project is a temporary endeavor undertaken to create a unique product, service or
result. Repeating it w ould be similar to making the same journey twice.
64. Which of the follow ing statements describes best the relationship betw een project phases and
the Project life cycle?
The Project life cycle includes the time w hen the project is performed and the expected
product lifespan after that.
In project management, the sequence of project phases and phase gates is often referred
to as Project life cycle.
The Project life cycle is regarded as a sequence of project activities w hile phases are
defined to control overlapping activities.
The Project life cycle describes how iterations of project management processes are used
w hen a project schedule is developed.
65. Which is an appropriate order in most project situations for the development of scope-related
documents?
1. Project SOW (Statement of work),

2. Project charter,
3. Project scope management plan,
4. Project scope statement,
5. WBS (Work breakdown structure) and WBS dictionary.
1. Work breakdown structure,
2. Scope statement,
3. Project charter,
4. CSOW (Contractual statement of work),
5. Contractual Work breakdown structure
1. Feasibility study
3. Contract,
4. CWBS (Contractual work breakdown structure),
5. Scope of work descriptions,
6. PID (Project initiation document).
1. BOM (Bill of materials),
2. CAP (Control account plan),
3. Project charter
4. Change management plan,
5. Scope baseline.
66. What is the S-curve in project management?
A graph that is generated if a normal curve is integrated.
A graph that is to be integrated to generate a normal curve.
A metaphoric description of the short term uncertainties that are present in every project.
The graph that describes the typical grow th of earned value during the course of the
project.
67. An output of the Estimate activity resources process is a document called "Activity resource
requirements". It identifies the types and quantities of resources...
...w hile the term resources is limited to equipment and materials.
...required for each activity in a w ork package.
...w hile the term resources is limited to human resources.
...to be obtained solely from the performing organization.
68. What is not the purpose of Configuration control w hen Configuration management is applied in
a project?
Verification that the configuration identification for a configuration item is accurate,
complete, and w ill meet specified program needs.
Ensuring that proposed and approved changes to configuration items are fully analyzed.
Ensuring that proposed and approved changes to configuration items are fully
documented.
Managing and controlling the frequently requested changes to a project by applying
agreed rules.
69. Which statement describes best the meaning of the term Cost baseline?
A cost baseline is alw ays created by translating time-phased cost information into cost
data on activity or w ork-package level.
A cost baseline is an approved time-phased budget that w ill be used to measure and
monitor cost performance on the project.
Data to draw a cost baseline can be easily generated and updated as necessary from
information related to actual project cost.
A cost baseline is usually displayed in the form of an inverse S-curve draw n from the
beginning of the project until data date.
70. Which is not true in regard of RoI (Return on Investment) for a project?
It defines the cumulated net income from an investment at a given point in time or during
a defined period.
It includes investment, direct and indirect costs and may include allow ances for capital
cost, depreciation, risk of loss, and/or inflation.
It is most commonly stated as a percentage of the investment or as a dimensionless index
figure.
It is the time w hen cumulated net income is equal to the investment.
71. A project sponsor requested Earned Value Data on tw o concurrent projects from the project
managers. Both projects are regarded as equally important and strategically beneficial and have
been finished by over 80%. He received the follow ing information:
Project A:
PV: $1,800,000
EV: $2,300,000
AC: $2,100,000
Project B:
PV: $2,000,000
EV: $1,500,000
AC: $1,600,000
The sponsor considers to shift some resources from Project A to Project B to speed up the
second project w hich is currently behind schedule.
What is the most likely outcome of such a measure?
Changing team assignments during late course of a project typically increases cost
efficiency.
Changing team assignments during late course of a project typically increases time
efficiency.
According to the Law of diminishing returns, the consolidated Cost variance of the two
projects w ill decrease.
According to the Law of diminishing returns, the consolidated Cost variance of the two
projects w ill increase.
72. Which of the follow ing statements describes best the relationship of quality and grade?
Low grade is alw ays a problem; low quality may be overcome by a good rew ork and repair
process.
Grade is a category or rank given to entities having different functional requirements but
the same need for quality.
Both quality and grade can often be improved through intelligent measuring, testing and
examining.
Low quality is alw ays a problem as it bears on the ability of an item to meet requirements;
low grade may sometimes be acceptable.
73. Netw ork templates w hich contain only portions of a netw ork are often referred to as
Subnetw orks or fragment netw orks

Subprojects
Programs
WBS items
74. What is the Internal Rate of Return (IRR) of a project?
The time period needed to pay back the investment from a project w hen future income is
discounted.
The inherent discount rate or investment yield rate produced by the project over a pre-
defined period of time.
The rate of negative risk that can be accepted for a project w ithout turning the Expected
net present value negative.
The expected benefit from a project’s deliverable calculated as a percentage of the original
investment over a specified time period.
75. You just created the follow ing netw ork logic diagram to describe the planned flow of activities for
your project w hich w ill start tomorrow :
Which potential inconsistency in the diagram should you solve right now ?
Activity E is open ended ( a "dangle") in relation to the finish milestone path convergence.
Activity F is open ended in relation to the path divergence after the start milestone.
You cannot calculate a critical path w hen lags and/or leads are calculated in percent.
Activities E to F need another task draw n as a hammock to calculate Level Of Effort.
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M ailed M ay 9 2 0 0 6 by Ric k M . (U SA ): "I teac h an 8 day P M P P rep C ours e. I

C lick here to reset the timer and start the test

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Both projects are equally attractive.

The second project is more attractive by app. 5%.

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20.033cm, 19.982cm, 19,995cm, 20.006cm, 19.970cm, 19.968cm,

What should be done?

The process is under control. It should not be adjusted.

A special cause should be investigated, the process should be adjusted.

The control limits should be adjusted.

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Which stage of team development can be difficult to overcome in such a situation?

Storming from Forming, Storming, Norming, Performing

Panic from Enthusiasm, Panic, Hope, Solution

Kickoff from Assignment, Kickoff, Training, Communicating

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EV: 523,000; PV: 623,000; AC: 643,000.

Which results are correct?

CV: +120,000; SV: +100,000

CV: -100,000; SV: -120,000

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

The business need that the project w as undertaken to address

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Work Breakdow n Structure

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8. Which of the following tools is used to create a Risk Management Plan?

Risk planning meetings

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Which of the following activities should you do first?

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SPI = 0.7, CPI = 1.0

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12. Which should be included in a Requirements management plan?

The document should trace requirements to project scope / WBS deliverables.

It should trace high-level requirements to more detailed requirements.

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13. In a traditionally draw n decision tree, a circle represents ___________.

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Fixed price contract

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Target costs: $ 1,000,000

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What should the project manager do?

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If tasks are scheduled to begin at early start date, w hat is true?

Activity B has a free float of 10 d.

Activity A has a free float of 10 d.

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Technical training for all team members

Daily phone conferences and detailed reporting

Collocation of team members at a suitable place

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Formal procurements closure

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