Vendor Name: PMI
Exam code: PMI-001
Exam Name: Project Management Professional v5
Click the link below to get full version
http://www.certifyguide.com/exam/PMI-001/
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Question: 1
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Which of the following does
NOT assess the value a project brings to an organization?
A. Benefit cost analysis
B. Net present value
C. Value analysis
D. Needs assessment
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Answer: C
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Question: 2
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Your management has decided
that all orders will be treated as "projects" and that project
managers will be used to update orders daily, to resolve issues, and to ensure
that the customer formally accepts the product within 30 days of completion.
Revenue from the individual orders can vary from US $100 to US $150,000. The
project manager will not be required to perform planning or provide
documentation other than daily status. How would you define this situation?
A. Because each individual
order is a "temporary endeavor," each order is a project.
B. This is program management
since there are multiple projects involved.
C. This is a recurring
process.
D. Orders incurring revenue
over $100,000 would be considered projects and would involve project
management.
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Answer: C
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Question: 3
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A project manager in a
predominantly hierarchical organization has been assigned a major project with
aggressive timelines. The BEST approach for developing an initial project
charter in this environment is to:
A. Create a project charter
using brainstorming sessions with potential team members and stakeholders.
B. Create and present a draft
project charter to potential team members and stakeholders to solicit their
input.
C. Create a project charter
jointly with management for distribution to potential team members and
stakeholders.
D. Create a project charter
with the functional managers and present it to the sponsor for signature.
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Answer: C
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Question: 4
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All of the following are
correct statements about a project manager EXCEPT:
A. He or she is assigned after
the project charter is created.
B. He or she may initiate
changes to the project.
C. He or she manages changes
and factors that create change.
D. He or she is held
accountable for project success or failure.
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Answer: A
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Question: 5
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A new project manager is
having difficulty creating a WBS with the team. To alleviate this situation,
the project manager should ask for help from:
A. The sponsor.
B. Other project managers.
C. The project management
office.
D. The team.
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Answer: C
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Question: 6
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While preparing your risk
responses, you realize that you have not planned for unknown risk events. You
need to make adjustments to the project to compensate for unknown risk events.
These adjustments are based on your past project experience when unknown risk
events occurred and knocked the project off track. What should you do?
A. Include a management
reserve in the budget to try to compensate for the unknown risks, and notify
management to expect unknown risks to occur.
B. Document the unknown risk
items and calculate the expected monetary value based on probability and impact
that may result from the occurrence.
C. Determine the unknown risk
events and the associated cost, then add the cost to the project budget as
reserves.
D. With the stakeholders,
determine a percentage of the known risk budget to allocate to a management
reserve budget.
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Answer: A
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Question: 7
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You are about to begin
negotiations with people from another country. Which of the following should
provide guidance on what business practices are allowed and not allowed?
A. The company code of conduct
B. The project charter
C. The scope management plan
D. The negotiation plan
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Answer: A
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Question: 8
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An employee approaches you and
asks to tell you something in confidence. He advises you that he has been
performing illegal activities within the company for the last year. He is
feeling guilty about it and is telling you in order to receive advice as to
what he should do. What should you do?
A. Ask for full details.
B. Confirm that the activity
is really illegal.
C. Inform your manager of the
illegal activity.
D. Tell the employee to inform
his boss.
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Answer: C
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Question: 9
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What is one of the KEY
objectives during contract negotiations?
A. Obtain a fair and
reasonable price.
B. Negotiate a price under the
seller's estimate.
C. Ensure that all project
risks are thoroughly delineated.
D. Ensure that an effective
communications management plan is established.
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Answer: A
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Question: 10
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You are a new project manager
who has never managed a project before. You have been asked to plan a new
project. It would be BEST in this situation to rely on _______ during planning
to improve your chance of success.
A. Your intuition and training
B. Stakeholder analysis
C. Historical information
D. Configuration management
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Answer: C
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Question: 11
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If a project manager is
concerned with gathering, integrating, and disseminating the outputs of all
project management processes, she should concentrate on creating a better:
A. WBS.
B. Communications management
plan.
C. Project management
information system.
D. Project scope management
plan.
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Answer: C
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Question: 12
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The Java development of a
project is outsourced to India. The project schedule is starting to slip. What
is the LEAST likely cause of the slippage?
A. Lack of competent
programmers
B. Cultural influences
C. Internationalization
D. Communication
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Answer: A
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Question: 13
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A project manager has made a
change to the project. What should she do NEXT?
A. Assign resources.
B. Revise the project
management plan and/or project documents.
C. Evaluate impact.
D. Request change control
board involvement.
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Answer: B
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Question: 14
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A work authorization system
can be used to:
A. Manage who does each
activity.
B. Manage when and in what
sequence work is done.
C. Manage when each activity
is done.
D. Manage who does each
activity and when it is done.
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Answer: B
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Question: 15
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A project team member tells
you that she went to her project manager with a good idea for a useful change
to the project. Instead of giving her approval to make the change, the project
manager asked her to write a report describing the benefits of the change. What
is the MOST appropriate advice for the situation?
A. The project manager is
being unreasonable and should do that kind of work herself.
B. Remind the project manager
that the benefit cost analysis for the project was done during project
planning.
C. A project manager must be
able to weigh the benefits of the change versus the costs and compare them to
other possible changes. The team member should do what was asked.
D. The team member should do
what was asked because this sort of information must be given to the project
sponsor to make the change.
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Answer: C
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Question: 16
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A project manager has finished
the project. He knows that the project scope has been completed and is within
cost and time objectives set by management. Management, however, says that the
project is a failure, because the original schedule was for 27 weeks and the
project was completed in 33 weeks. If the project baseline was 33 weeks, the
project is a success because:
A. It only had six weeks of
changes.
B. It was completed within the
baseline.
C. There were so few changes.
D. There was good
communication control.
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Answer: B
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Question: 17
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Your company has just
presented its new five-year strategic plan. You have received a new product
request from a customer that is in line with the previous five-year strategic
plan, but it does not meet the objectives of the new plan. The product
description seems to have a valid business driver and to be a straightforward development
effort. As project manager, what is the BEST course of action?
A. Do a benefit cost analysis
of the project and submit it for management approval.
B. Submit the new product
request to the PMO for review and approval before proceeding.
C. Inform the customer of the
change in corporate direction and ask him/her to take another look at the
project.
D. Request a project charter
from management and begin a WBS.
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Answer: B
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Question: 18
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The performing organization is
trying to decide whether to split the contracts department and assign
procurement responsibilities to departments directly responsible for the
projects. A procurement professional might not want this split to occur because
they would lose ___________ in a decentralized contracting environment.
A. Standardized company
project management practices
B. Loyalty to the project
C. Experience
D. Access to others with
similar expertise
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Answer: D
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Question: 19
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Linear programming is an
example of what type of project selection criteria?
A. Constrained optimization
B. Comparative approach
C. Benefit measurement
D. Impact analysis
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Answer: A
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Question: 20
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A project manager has just
been assigned to a new project and has been given the approved project charter.
The FIRST thing the project manager must do is:
A. Create a project scope
statement.
B. Confirm that all the
stakeholders have had input to the scope.
C. Analyze project risk.
D. Begin work on a project
management plan.
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Answer: B
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Question: 21
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A person is writing a document
identifying the business need for a project and is including a description of
the product created by the project. She includes a list of stakeholders and pre
assigned resources. What is the role of this person on the project?
A. The project manager for the
project or a company functional manager
B. A member of the project
management team working at the direction of the project manager
C. The sponsor or the project
manager
D. A manager or executive in
the organization who is higher in the corporate hierarchy than the project
manager
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Answer: C
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Question: 22
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Generally, when is the BEST
time to create a procurement management plan?
A. After the contract is
signed
B. Preceding the Conduct
Procurement process
C. During project initiating
D. When updating the
procurement management plan
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Answer: B
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Question: 23
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All the following are needed
to create the WBS EXCEPT:
A. Organizational process
assets.
B. Quality measurements.
C. Requirements documentation.
D. Project scope statement.
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Answer: B
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Question: 24
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Which of the following is a
KEY output of the Verify Scope process?
A. A more complete scope
management plan
B. Customer acceptance of
project deliverables
C. Improved schedule estimates
D. An improved project
management information system
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Answer: B
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Question: 25
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A project manager discovers
that two team members discussed what was needed to complete a work package on
the project and made many changes to the project scope. The work package is now
completed and the team members are planning to go on to the next work package.
In looking at what was done, the project manager determines that the work does
NOT meet the requirements of the project. What is the BEST course of action for
the project manager?
A. Add another work package,
formatted with the correct scope, to the project.
B. Refuse the submittal of the
work package.
C. Have the team begin the
work package again and include the incident in their performance reviews.
D. Ask the team member's manager
to assign different people to the work package.
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Answer: B
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Question: 26
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You are the project manager on
an information technology project on which you and the sponsor have already
approved the scope. An information specialist on your team, after having lunch
with a low ranking customer representative working with him on a software
project, learns that a simple alteration in the display would be a great
addition to the project. The information specialist installs the change with no
negative effect on the project schedule and at no additional cost. What action
should be taken?
A. The information specialist
should be recognized for exceeding customer expectations without affecting
project cost or schedule.
B. The project manager should
add an activity to the project management plan with no associated time.
C. The information specialist
should be told that his behavior was unacceptable, as it may have negatively
affected the overall project.
D. The project manager should
create a change control form and have the customer approve the change since the
change has already been made.
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Answer: C
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Question: 27
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Which of the following is NOT
included in a schedule change control system?
A. Approval levels necessary
for authorizing changes
B. Tracking systems
C. Paperwork necessary for
making changes
D. Limitations on the scope of
changes
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Answer: D
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Question: 28
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Which of the following is
generally the MOST CORRECT use of a project network diagram?
A. Showing the project
schedule
B. Documenting activity
interdependencies
C. Defining project resources
D. Defining the project costs
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Answer: B
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Question: 29
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In an activity-on-node
diagram, the nodes represent:
A. Work packages.
B. Activities.
C. Dependencies.
D. Discretionaries.
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Answer: B
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Question: 30
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A project has seven
activities: A, B, C, D, E, F, and G. Activities A, B, and D can start anytime.
Activity A takes 3 weeks, Activity B takes 5 weeks, and Activity D takes 11
weeks. Activities A and B must be completed before Activity C can start.
Activity C requires 6 weeks to complete. Activities B, C, and D must be
completed before Activity E can start. Activity E requires 2 weeks. Activity F
takes 4 weeks and can start as soon as Activity C is completed. Activity E must
be completed before Activity G starts. Activity G requires 3 weeks. Activities
F and G must be completed for the project to be completed. Which activities
have float available?
A. Activity A has two weeks
float, activity F has one week.
B. Activity F has one week
float.
C. There is no float available
in the project.
D. Activity A has eight weeks
float.
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Answer: A
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