zz pmp qna integrated v1 with answers formatted

8/8/2019 Zz PMP QnA Integrated v1 With Answers Formatted

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What should we do?Q & A

Assorted Section 1


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1.Communications is best

described as:

A. an exchange of information.B. providing written or oral directions.C. consists of senders and receiversD. effective listening.

E. All of the above

ANS: E


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2. Fixed Price contracts place more risk on the:

A. ownerB. buyerC. sellerD. contractorE. C or D

ANS: E


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3. Life cycle costing is the total cost to the customer for the acquisition and ownership over its full life. Life cycle costing categories include the costof _____, _____, and _____.

A. R & D, maintainability, operation and support.B. R & D, production, operation and support.C. Acquisition, operations, maintenance

D. Production, operations, maintenance

E. None of the above

ANS: B


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4. Management By Objectives assumes that theteam:

A. is receptive to an unstructured environment.B. does not require close supervision.

C. possesses a self directed philosophyD. identifies with project objectives.E. All of the above.

ANS: E


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5. Quality may be defined as:

A. conformance to requirements.B. fitness for use.C. continuous improvement of products and servicesD. appeal to the customerE. All of the above except B ( ??? )

ANS: E


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6. Since risk is associated with most projects, the best course of action is to:

A. cover all project risks by buying appropriate insurance

B. ignore the risks, since nothing can be done about themand move forward with the project in an expeditious manner.

C. avoid projects with clear and present risks

D. eliminate all known risks prior to the execution phase of toproject

E. identify various risks and implement actions to mitigate theirpotential impact

ANS: E


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7. The process of choosing/documenting the best approach to achieve the projectobjectives is part of:

A. The scope baseline.B. Scope authorizationC. Scope definitionD. Scope planning.E. All of the above.

ANS: D


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8. Time management is the allocationof time in a project's life cycle through the process of:

A. PlanningB. Estimating.C. Scheduling.D. ControllingE. All of the above.

ANS: E


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9. Cost Plus Percentage of Cost contracts are more desirable for the:

A. ownerB. buyerC. sellerD. contractorE. C or D

ANS: E


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10. Scheduling is the process by which decisions aremade concerning:

A. Tasks to be accomplished.B. Personnel/organization that will be assigned to accomplish the task.

C. Time when the tasks are to be completed.D. All of the above.E. A and C only.

ANS: E


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11. Which of the following would most likely increasethe accuracy of estimating the project cost?

A. Pricing out the work at lower levelsin the work breakdown structure.B. Using historical data.

C. Talking to people who have worked on similar projects.D. All of the above.E. A and C only.

ANS: D


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12. The highest degrees of project risk and uncertainty are associated with the following phase of the project:

A. conceptualB. executionC. cut-overD. post project evaluationE. A and D only

ANS: A


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13. Adding 5 people to a 4 person team increases the communication channels by a factor of:

A. 2 timesB. 3 timesC. 4 timesD. 5 timesE. 6 times

ANS: E


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15. The way a project manager sends and receives information dependsupon:

A. How others relate to the project managerB. The project manager's level in the

organizational hierarchyC. the size and nature of the projectD. the project manager's salary andage

E. the number of projects going on atone time in the company

ANS: A


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16. Uncertainty refers to a situation where:

A. the outcomes are known but their probabilities are high

B. the outcomes and their probabilities areknownC. neither the outcomes nor their probabilities are knownD. states of nature can change at any timeE. probabilities of various states of nature c

an change at any time

ANS: C


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18. The basic terminology fornetworks includes:

A. Activities, events, manpower, skill levels and slack.

B. Activities, documentation, events, manpower a

ndskill levels.C. Slack, activities, events, and time estimates.D. Time estimates, slack, sponsorship involvement, and activities.

E. Time estimates, slack time, report writing, life cycle phases, and crashing times.

ANS: C


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19. The technique most commonly used to determine the profitability of a project includes _____ methods.

A. Net present value (NPV).B. Return on investment (ROI).C. Discounted cash flow (DCF)D. Payout time and risk sensitivity analysis.E. All of the above.

ANS: E


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20. Which of the following is an element of procurement management:

A. inspectionB. purchasingC. estimatingD. expeditingE. A, B and D only

ANS: E


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21. Management reserve is generally intended to beused to:

A. implement additional unbudgetedscopeB. compensate for inaccurate estimatesC. cover major unforeseen catastrophes

D. cover unforeseen problems in theprojectE. All of the above.

ANS: D


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22. The scope baseline once established and approved, is used:

A. as the basis for making future decisions.B. to accomplish verification measures.C. to evaluate potential changes.D. All of the above.

E. A and C only.

ANS: D


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23. Activities with zero time duration are referred to as:

A. Critical path activites.B. Noncritical path activities.C. Slack time activities.D. DummiesE. None of above.

ANS: D


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24. The behavioral responsibilities of a project manager may also include dealing with

A. The publicB. Regulatory personnelC. The legal environmentD. Environmental issuesE. All of the above

ANS: E


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26. Upon completion of 75% of the project, the original schedules and cost estimates that were submitted at the inception of the project are referred to as the:

A. Baseline costsB. Budgeted costs.C. Estimates upon completion costsD. Scheduled costsE. None of the above

ANS: A


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27. Reaching an understanding of concessions is accomplished in the _____ stage of negotiations.

A. protocolB. probingC. scratch bargainingD. closureE. agreement

ANS: D


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28. contract is legally binding and must comprise allbut one of the following:

A. legal capacityB. mutual assentC. approved negotiationsD. considerationE. legality

ANS: C ( Check

. )


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29. The purpose of configuration management is to:

A. insure drawings are updatedB. control change throughout the pro

jectC. control change during the production onlyD. generate engineering change prop

osalsE. inform the project manager of changes

ANS: B


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30. Resource leveling will often affect the project bymaking it:

A. Shorter.B. LongerC. More responsive to customer needs.D. A and CE. B and C.

ANS: B


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Q & A

Project ManagementFundamentals


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31. The VP of marketing approaches you and requests that youchange the visitor logon screen on the company's website to include ausername with at least six characters. This is considered:

A. Project initiationB. Ongoing operations

C. A project

D. Project execution

ANS: B


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32. Your company manufactures small kitchen appliances.They are introducing a new product line of appliances in designer

colors with distinctive features for kitchens in small spaces. These newproducts will be offered indefinitely starting with the spring catalog

release. Which of the following is true?

A. This is a project because this new product line has never beenmanufactured and sold by this company before.

B. This is an ongoing operation because the company is in thebusiness of manufacturing kitchen appliances. Introducingdesigner colors and features is simply a new twist on an existingprocess.

C. This is an ongoing operation because the new product line willbe sold indefinitely. It's not temporary.D. This is not a project or an ongoing operation. This is a new

product introduction not affecting ongoing operations

ANS: A


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33. A project is considered successful when:

A. The product of the project has been manufactured

B. The project sponsor announces the completion of the project.C. The product of the project is turned over to the operations areato handle the ongoing aspects of the project.D. The project meets or exceeds the expectations of the

stakeholders.

ANS: D


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34. What is one of the advantages of a functional organization?

A. All employees report to one manager and have a clear chain of

command.B. All employees report to two or more managers, but project teammembers show loyalty to functional managers.

C. The organizations is focused on projects and project work.D. Teams are collocated.

ANS: A


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35. You have been assigned to a project in which theobjectives are to direct customer calls to an interactive voice

response system before being connected to a live agent. You are in

charge of the media communications for this project. You report tothe project manager in charge of this project and the VP ofmarketing, who share responsibility for this project. Whichorganizational structure do you work in?

A. Functional organizationB. Weak matrix organizationC. Projectized organizationD. Balanced matrix organization

ANS: D


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36. You have been assigned to a project in which theobjectives are to expand three miles of the north-south highway

through your city by two lanes in each direction. You are in charge of the

demolition phase of this project, and you will report to the project managerin charge of this project. You have been hired on contract and willbe released at the completion of the demolition phase. What

type of organizational structure does this represent?

A. Functional organizationB. Weak matrix organizationC. Projectized organizationD. Balanced matrix organization

ANS: C


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37. What are the five project management process groups, inorder?

A. Initiation, Executing, Planning, Controlling, and Closing

B. Initiation, Controlling, Planning, Executing, and ClosingC. Initiation, Planning, Controlling, Executing and ClosingD. Initiation, Planning, Executing, Controlling and Closing

ANS: D


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38. During which project management process are risk andstakeholder's ability to influence project outcomes the highest

at the beginning of the process?

A. Planning

B. ExecutingC. InitiationD. Controlling

ANS: C


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9. You are a project manager working on gatheringrequirements and establishing estimates for the project. Which

process group are you in?

A. Planning

B. ExecutingC. InitiationD. Controlling

ANS: A


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10. Your team is split between two buildings on either side oftown. As a result, the team isn't very cohesive, because the

members don't know each other very well. The team is still in the

storming stage because of the separation issues. Which of thefollowing should you consider?

A. Corrective action

B. CollocationC. TrainingD. Conflict resolution

ANS: B


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41. As a project manager, you're responsible for maintainingand ensuring integrity for all of the following except:

A. Personal integrity of others

B. Project management processC. Personal integrityD. Product integrity

ANS: A


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42. You are a project manager working on a contract. You'veperformed earned value analysis and discovered that theproject will be completed on time and under the original

estimated amount. This means the profit to your companywill decrease, as will your personal bonus. Which of the followingshould you do?

A. Add activities to the project to increase the cost enough to meet

the original estimated amount.B. Tell the customer you're adding additional requirements to the

project that were originally cut because of cost constraints.C. Upon completion, inform the customer the project has come in

under budget.D. Bill the customer for the full amount of the contract, because this

was the original, agreed-upon price.

ANS: C


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43. You are a project manager for a manufacturing firm thatproduces Civil War-era replicas and memorabilia. You discover

a design error during a test production run on your latest project. Which

of the following is the most likely response to this problem?

A. Reduce the technical requirements so that the error is no longer

valid.B. Go forward with production and ignore the error.C. Go forward with production but inform the customer of the

problem.D. Develop alternative solutions to address the error.

ANS: D


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44. You are a project manager working on contract with a companyin a foreign country. At the project kickoff meeting, you are givenan expensive-looking gift. The person who presented this to you said

that it is customary in their country to give their business partnersgifts. What is the most appropriate response?

A. Thank them and decline. Explain that this is considered personal

gain, which is unacceptable in your country.B. Thank them and accept. You don't believe there is a conflict of

interest or an integrity issue at stake.C. Thank them and decline. Explain that this is considered a conflict

of interest, which is unacceptable in your country.D. Thank them and accept since you know that it would be

considered offensive to decline the gift in their culture.Immediately report the acceptance of the gift to the appropriateparties at your company so that your actions are not called intoquestion later.

ANS: D


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45. You are the project manager for a new construction project inyour city. Your longtime personal friend is bidding on the project.They've asked you to give them an indication of the budget for this

project so that they do not overbid and lose the deal. What is themost appropriate response?

A. Give the information to your friend. You know their character andcan trust that they won't tell anyone.

B. Tell your friend that after all this time, they should know betterthan to think you'd put your personal integrity on the line orcompromise your job due to a conflict of interest. Decline to givethem the information.

C. Tell your friend you'll give them the information if they'll promisenot to tell anyone and if they'll agree to help you out with somematerials on your basement-refinishing project.

D. Give the information to your friend and inform the projectsponsor so that the information can be shared with the otherbidders as well.

ANS: B


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Section 2Project ManagementScope

Q & A


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1. You are a project manager for Laredo Pioneer's TravelingRodeo show. You're heading up a project to promote a new line

of souvenirs to be sold at the shows. You're ready to write the scope

statement. Which of the following should the scope statementcontain?

A. Project justification, benefit/cost analysis, project deliverables

and product analysisB. Product analysis, project's product, and project deliverablesC. Project justification, project's product, product deliverables and

project objectivesD. Product analysis, project deliverables, benefit/cost analysis, and

project objectives

ANS: C ( ?? )


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2. Which of the following is true regarding the scopestatement?

A. The scope statement describes how to make changes to the

project scope.B. The scope statement describes project deliverables and servesas a baseline for future project decisions.

C. The scope statement assesses the stability of the project scopeand is a baseline for future project decisions.

D. the scope statement assesses the reliability of the project scopeand describes the frequency of changes and their impacts.

ANS: B


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3. You are a project manager for an agricultural supplycompany. You have just completed and obtained sign-offon the scope statement for your new Natural Bug Busters

project. A key stakeholder has informed you that adeliverable is missing from the scope statement. Thisdeliverable is a critical success factor. Which of the following

actions should you take?

A. Inform the stakeholder that work not stated in the scopestatement is excluded from the project.B. Modify the scope statement to reflect the new deliverable.

C. Inform the stakeholder that this deliverable can be included inthe next project since sign-off has already been obtained.

D. Modify the scope statement after an approved change requesthas been received from the stakeholder.

ANS: D

4. You are a project manager responsible for the construction of affi l Y ki f j h


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new office complex. You are taking over for a project manager whorecently left the company. The prior project manager completed thescope statement and scope management plan for this project. Inyour interviews with some key stakeholders, you conclude which of

the following?

A. They understand that the scope statement assesses the stability of theproject scope and outlines how to incorporate scope changes into theproject.

B. They understand that the scope management plan assesses the stabilityof the project scope and outlines how to incorporate scope changes intothe project.

C. They understand that the scope management plan is deliverable-

oriented, and cost estimates can be easily derived from it.

D. The understand that the scope statement is deliverables-oriented, andcost estimates can be easily derived from it.

ANS: B


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5. Your company has asked you to be the project manager for theproduct introduction of their new DeskTop Rock media system. Yourecently published a document that establishes the scope baseline.

Which of the following is true?

A. This is the scope statement, which is an output of the Scope

Planning process.B. This is the scope statement, which is an output of the Scope

Definition process.

C. This is the scope statement, which is a tool and technique of theScope Definition process.

D. This is the scope management plan, which is an output of theScope Definition process.

ANS: A


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6. You are a project manager for Giraffe Enterprises. You'verecently taken over for a project manager who lied abouthis PMI certification and was subsequently fired.

Unfortunately, he did a poor job of Scope Definition. Youknow if you don't correct this, one of the following could happen:

A. The stakeholders will require overtime from the project team tokeep the project on schedule.

B. The WBS will adversely affect the deliverable breakdowns, andcosts will increase.

C. The scope management plan will require changes.

D. The project costs would increase, there might be rework, andschedule delays may result.

ANS: D


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7. Which of the following does notdescribe a reason for ScopeDefinition?

A. To subdivide project deliverables into smaller componentsB. To assess the stability of the project scope

C. To facilitate time and cost estimates

D. To facilitate responsibility and assignment

ANS: B


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8. Your company, Kick That Ball Sports, has appointed youproject manager for their new Cricket product lineintroduction. This is a national effort, and all the retail stores

across the country need to have the new products on the shelvesbefore the media advertising blitz begins. The product line involvesthree new products, some with multiple deliverables. You are ready tocreate the WBS. Which of the following is true?

A. The WBS should include the three new products and the advertisingcampaign as level two deliverables.

B. The WBS should include the three new products as level two deliverables.

C. The WBS should include the three new products as level two deliverables and

the advertising campaign as a level three deliverable.D. The WBS should include the three new products and the advertising

campaign as level three deliverables.

ANS: A ( ?? )


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9. Which of the following statements is nottrue regarding theWBS?

A. The WBS is a deliverables-oriented grouping of projectdeliverables and elements.

B. The WBS defines and organizes the work of the project in ahierarchical form.

C. The WBS provides a framework for the work of the project, andwork not shown on the WBS is not included in the project.

D. The WBS defines all the deliverables of the project, but theactivities level should not be listed on the WBS.

ANS: D


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10. You've constructed the WBS for your recent project. Leveltwo assignments have been made, and you've requestedthat the subproject managers report back to you in three weeks

with each of their individual WBSs constructed. Which statement isnot

true.

A. The work package level facilitates resource assignments.

B. The work package level is the lowest level in the WBS.

C. The work package level defines the agreed-upondeliverables.

D. The work package level facilitates cost and time estimates.

ANS: C


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11. The grouping of project elements by deliverables is known aswhat?

A. The code of accounts

B. The work packageC. The work breakdown structure

D. The work breakdown dictionary

ANS: C


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Section 3Project ManagementTime Management

Q & A


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1. You are the project manager for a scheduled version releaseof your company's software tracking product. You have linked theWBS and project scope definition, and you have assigned roles andresponsibilities. You might want to display the roles andresponsibilities in which of the following?

A. RDMB. PDMC. AOAD. RAM

ANS: D


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2. All of the following statements describe the activity list except:

A. The activity list is an extension of the WBS

B. The activity list includes all activities of the project.

C. The activity list describes the WBS updates.D. The activity list includes a description of projectactivities.

ANS: C


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3. You are the project manager for Design Your Website, Inc. Yourcompany is designing the website for a national grocery store chain. Youhave your activity list in hand and are ready to diagram the activitydependencies using the PDM technique. You know that:

A. PDM uses AON diagramming methods.

B. PDM uses AOA diagramming methods.C. PDM uses ADM diagramming methods.D. PDM uses PDM diagramming methods.

ANS: A


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4. You are the project manager for Design Your Website, Inc. Yourcompany is designing the website for a national grocery store chain. Youhave your activity list in hand and several time estimates for eachactivity and are ready to diagram the activity dependencies. Youshould use which of the following?

A. PDM techniquesB. PDM or ADM techniquesC. AON techniquesD. ADM techniques

ANS: D


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5. All of the following statements are true regarding the toolsand techniques of Activity Sequencing except:

A. GERT uses analagous methods.B. GERT allows for loopsC. GERT is a conditional diagramming method.

D. GERT allows for conditional branches.

ANS: A


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6. The subsidiary output deals with the competency levels ofindividuals (or groups of people) who will be assigned to the

project activities. This document or list should identify the kinds of skillsrequired and the individual or groups who might provide these skills tothe project and the time frames during the project when these skills will beneeded. Which of the following answers best describes thisoutput?

A. Staffing requirementsB. Resource requirementsC. Resource management planD. Activity list updates

ANS: A


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7. Which logical relationship does the PDM use most often?

A. Start-to-finishB. Start-to-startC. Finish-to-finish

D. Finish-to-start

ANS: D


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Section 4Project ManagementEstimating Costs

Q & A

Th j h d l i d d i ll f h


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1. The project schedule is used to determine all of thefollowing, except:

A. Cost estimatesB. Activity start datesC. Float timesD. Activity end dates

ANS: A


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3 Y th j t f Ri G t


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3. You are the project manager for Rivera GourmetAdventure Vacations. Rivera combines the wonderful tastes of

great gourmet food with outdoor adventure activities. Your projectinvolves installing a new human resources software system. Jason, thedatabase analyst working on this project, is over-allocated. Whichof the following statements is true?

A. You should use resource requirements updates to determineavailability and smooth out resource over-allocation

B. You should use crashing to resource-level the critical path tasksC. You should use resource-leveling heuristics to smooth out

resource assignments.D. You should use fast tracking to resource-level the critical path

tasks.

ANS: C

4 Obt i i f l j t l l d i ff i


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4. Obtaining formal project plan approval and sign-off isimportant for all of the following reasons except:

A. Stakeholders are able to recommend a project planningmethodology to follow throughout the remaining process

groups.

B. Stakeholders are aware of the project details, which makesthem more likely to participate in future project decisions.

C. Stakeholders will be more likely to cooperate.D. Stakeholders are aware of the specific details regardingproject schedules, budgets, and tasks.

ANS: A

5 Whi h f th f ll i th t l d t h i f th


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5. Which of the following are the tools and techniques of theCost Budgeting process?

A. Project management information systems, analogousestimating, bottom-up estimating, and mathematical analysis

B. Analogous estimating, bottom-up estimating, mathematicalanalysis and computerized tools

C. Project management software, analagous estimating,bottom-up estimating, and parametric modeling

D. Analagous estimating, bottom-up estimating, parametricmodeling, and computerized tools

ANS: D

6 Y th j t f t h b ildi


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6. You are the project manager for a custom home-buildingconstruction company. You are working on the model home

project for the upcoming Show Homes tour. The model home includesInternet connections in every room and talking appliances. You areworking on the cost budget for this project. All of the followingstatements are true except:

A. This process assigns cost estimates to project activities,including risks and contingency plans.

B. The cost baseline will be used to measure variances and futureproject performance.

C. This process assigns cost estimates for expected future periodoperating costs.

D. The cost baseline is the expected cost for the project.

ANS: C


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8 You are a project manager for Bluebird Technologies Bluebird


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8. You are a project manager for Bluebird Technologies. Bluebirdwrites custom billing applications for several industries. A scopechange has been requested. You know change is concerned withall of the following except:

A. Managing change

B. Verifying changeC. Influencing causes of change

D. Determining that a change occurred

ANS: B

9 You are a project manager for Bluebird Technologies Bluebird


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9. You are a project manager for Bluebird Technologies. Bluebirdwrites custom billing applications for several industries. One of yourusers verbally requests changes to one of the screen displays. Youexplain to her that the change needs to go through the change controlsystem. you explain that a change control system does all of the

following except:

A. Document procedures for change requestsB. Track the status of change requestsC. Describe the management impacts of changeD. Determine if changes are approved or denied

ANS: D

10 Change control system configuration management performance


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10. Change control system, configuration management, performancemeasurement, additional planning, and project management informationsystem are tools and techniques of which process?

A. Integrated Change Control

B. Scope Change ControlC. Schedule Change Control

D. Cost Change Control

ANS: A


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12 You are the project manager for Laurel's Theater


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12. You are the project manager for Laurel s Theaterproductions. your new project is coming in over budget and

requires a cost change through the cost change control system. The costvariance was projected using which of the following tools andtechniques?

A. Performance measurements

B. Cost baseline measurements

C. Computerized tools

D. Performance reports

ANS: A

13 You are the project manager for Laurel's Theater


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13. You are the project manager for Laurel s Theaterproductions. your new project is coming in over budget and

requires a cost change through the cost change control system. Youknow all of the following statements are true regarding Cost Controlexcept:

A. Performance is monitored to detect variances

B. Changes are reflected in the cost baseline.

C. Changes are monitored and reflected in the project scope.

D. Changes are monitored so that inappropriate changes donot get into the cost baseline.

ANS: C

14 Which of the following might require rebaselining of the cost baseline?


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14. Which of the following might require rebaselining of the cost baseline?

A. Corrective action

B. Revised cost estimates

C. Updates to the cost management plan

D. Budget updates

ANS: D


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1 The process of assessing the probability and consequences of


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1. The process of assessing the probability and consequences ofidentified risks to the project objectives, assigning an overall risk rankingto the project, and creating a list of prioritized risks describes whichof the following process?

A. Quantitative Risk Analysis

B. Risk IdentificationC. Qualitative Risk Analysis

D. Risk Management Planning

ANS: C

2 Each of the following statements is true regarding the risk


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2. Each of the following statements is true regarding the riskmanagement plan except:

A. The risk management plan is an output of the RiskManagement Planning process.

B. The risk management plan includes a description of theresponses to risks and triggers.

C. The risk management plan includes thresholds, scoringand interpretation methods, responsible parties, and budgets.

D. The risk management plan is an input to all the remainingrisk- planning processes.

ANS: B

3 You are using the interviewing technique of the Quantitative Risk


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3. You are using the interviewing technique of the Quantitative RiskAnalysis process. You intend to use normal and log normaldistributions. All of the following statements are true regarding thisexception except:

A. Interviewing techniques are used to quantify the probability andimpact of the risks on project objectives.

B. Normal and log normal distributions use mean and standarddeviation to quantify risks.

C. Common distributions represent the probability or risk to theproject objective.

D. Triangular distributions rely on optimistic, pessimistic, and mostlikely estimates to quantify risks.

ANS: C

4 Which of the following processes assesses the likelihood


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4. Which of the following processes assesses the likelihoodof risk occurrences and their consequences using numericprobability assignments?

A. Quantitative Risk Analysis

B. Risk Identification

C. Qualitative Risk Analysis

D. Risk Response Planning

ANS: C ( ?? A )

5. You are the project manager for a new website for the local


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5. You are the project manager for a new website for the localzoo. You need to perform Qualitative Risk Analysis. When you'vecompleted this process, you'll produce all of the following outputsexcept:

A. Overall risk ranking for the project.

B. List of prioritized risks.

C. Inputs to other processes.D. List of risks for additional analysis andmanagement.

ANS: C

6. You've identified a risk event on your current project that if


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6. You ve identified a risk event on your current project that ifit occurs, could save $100,000 in project costs. Which of the

following is true based on this statement? Choose the best answer.

A. This is a risk event that should be accepted, because therewards outweigh the threat to the project.

B. This risk event is an opportunity to the project.

C. This risk event is a threat to the project.

D. There is not enough information to determine if this risk event isa threat to the project.

ANS: B

7. Which of the following tools and techniques shows the impacts


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7. Which of the following tools and techniques shows the impactsof one decision over another as well as the probability and cost ofeach risk along a logical path.

A. Simulation

B. Decision treeC. Probability/impact risk matrix

D. Sensitivity analysis

ANS: B

8. Which of the following describes the cost of quality


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8 c o t e o o g desc bes t e cost o qua tyassociated with scrapping, rework, and downtime?

A. Internal failure costs

B. External failure costs

C. Prevention costsD. Appraisal costs

ANS: A

9. Your hardware vendor left you voicemail saying that a potential


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y y g psnowstorm in the Midwest might prevent your equipment from arrivingon time. She wanted to give you a heads-up and asked that youreturn the call. Which of the following statements is true?

A. This is a secondary risk, which is an output of Risk ResponsePlanning.

B. This is a contingency plan, which is an output of Risk ResponsePlanning.

C. This is a risk, which is an output of Risk Identification.

D. This is a trigger, which is an output of Risk Identification.

ANS: D

10. You are constructing a probability/impact risk rating matrix for your


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g p y p g yproject. Which of the following statements is true?

A. The PI matrix multiplies the risk's probability by the cost of theimpact to determine an expected value of the risk event.

B. The PI matrix multiplies the risk's probability scales - which fallbetween 0.0 and 1.0 and the risk's impact scales to determine

a risk score.

C. The PI matrix multiplies the risk's probability by the expectedvalue of the risk event to determine the risk impact and assign arisk score based on a predetermined threshold.

D. The PI matrix multiplies the risk's probability scales and the risk'simpact scales which fall between 0.0 and 1.0 - to determine a

risk score.

ANS: B


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12.Your hardware vendor left you a voicemail saying that a


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y y gsnowstorm in the Midwest will prevent your equipment from

arriving on time. You identified a risk response for this risk andhave arranged for a local company to lease you the needed

equipment until yours arrives. This is an example of which risk responsestrategy?

A. TransferenceB. Acceptance

C. Mitigation

D. Avoidance

ANS: C


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Section 6Project ManagementContracts and Procurement

Q & A


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2. You have been asked to submit a proposal for a project that has


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been put out for bid. First, you attend the bidder conference to askquestions of the buyers and to hear the questions some of the otherbidders will ask. Which of the following statements is true?

A. Bidder conferences are a tool and technique of the SourceSelection process.

B. Bidder conferences are an output of the Source Selectionprocess.

C. Bidder conferences are an output of the Solicitation process.

D. Bidder conferences are a tool and technique of the Solicitationprocess.

ANS: D

3. You have been asked to submit a proposal for a project that has


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been put out for bid. Prior to submitting the proposal, your companymust register so that their firm is on the qualified seller list. Whichof the following statements is true?

A. The qualified seller list provides information about the sellers andis a tool and technique of the Solicitation process.

B. the qualified seller list provides information about the project andthe company that wrote the RFP and is an input to theSolicitation process.

C. The qualified seller list provides information about the projectand the company that wrote the RFP and is a tool and technique ofthe Source Selection process.

D. The qualified seller list provides information about the sellers andis an input to the Solicitation process.

ANS: D

4. The tools and techniques of the Source Selection process


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include all of the following except:

A. Contract negotiation

B. Correspondence

C. Independent estimatesD. Screening system

ANS: B

5. Which of the following processes negotiates the sequence


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of award by rank ordering the proposals?

A. Source Selection

B. Solicitation

C. Contract AdministrationD. Procurement

ANS: A ( ??? )

6. During the opening rounds of contract negotiation, the other


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party uses a fait accompli tactic. Which of the following statements istrue about fait accompli tactics?

A. One party agrees to accept the offer of the other party butsecretly knows they will bring the issue back up at a later time.

B. One party claims the issue under discussion was documentedand accepted as part of Scope Verification.

C. One party claims the issue under discussion has already beendecided and can't be changed.

D. One party claims to accept the offer of the other party, provided acontract change request is submitted describing the offer in

detail.

ANS: C ( ?? )

7. Your procurement department has obtained independent


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estimates. The vendor's proposal is substantially differentthan the independent estimates. All of the followingstatements are true except:

A. The SOW was not detailed enough.

B. The vendor failed to respond according to the terms of theproposal.

C. The vendor failed to respond to all the items in the SOW.

D. The vendor failed to respond to all the items in the contract.

ANS: B

8. What are the tools and techniques of the ContractAd i i i ?


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Administration process?

A. Contract change control system, payment system, and paymentrequests

B. Contract change control system, contract negotiations, andpayment system

C. Contract change control system, contract negotiations andcontract changes

D. Contract change control system, performance reporting, andpayment system

ANS: D

9. You are a project manager for an engineering company. Yourcompany won the bid to add ramp-metering lights to several on-


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ramps along a stretch of highway at the south end of the city. Yousubcontracted a portion of the project to another company. Thesubcontractor's work involves digging the holes and setting the lamppoles in concrete. The subcontractor's performance is not meetingthe contract requirements. All of the following are valid options

except:

A. You document the poor performance in written form and sendthe correspondence to the subcontractor.

B. You terminate the contract for poor performance and submit achange request through Contract Administration

C. You submit a change request through Contract Administration toask the subcontractor to comply with the terms of the contract.

D. You agree to meet with the subcontractor to see if a satisfactorysolution can be reached.

ANS: C ( ?? )

10. You are the project manager for an upcoming outdoor concertevent. You're working on the procurement plan for the computer


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software program that will control the lighting and screen projectionsduring the concert. You're comparing the cost of purchasing asoftware product to the cost of your company programmers writing acustom software program. You are engaged in which of the

following?

A. Procurement planningB. Sensitivity analysis

C. Transference of risk

D. Make or buy analysis

ANS: D

11. You are the project management for an outdoor concert eventscheduled one year from today. You're working on the procurement


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plan for the computer software program that will control the lighting andscreen projections during the concert. You've decided to contractwith a professional services company that specializes in writingcustom software programs. You want to minimize the risk to the

organization, so you'll opt for which contract type?

A. Fixed price plus incentive

B. Cost plus fixed fee

C. Fixed price

D. Cost plus incentive

ANS: C

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