PMP Certification Journey 3

Question 1 of 32

Medal-premium 1

You are working in the Project Management Office (PMO) of your organization. Your job responsibility is to_________.

Select one of the following:

  • Manage the operational activities in the company

  • Manage human resource and risk management issues for individual projects

  • Provide support functions to project managers in the form of training, providing software, standardizing policies, etc.

  • Provide subject matter expertise in the functional areas of the project

Question 2 of 32

Medal-premium 1

A document called ______________ is created by decomposing the project scope into smaller, more manageable elements.

Select one of the following:

  • Scope Statement

  • Network Logic Diagram

  • Work Breakdown Structure

  • Requested Change

Question 3 of 32

Medal-premium 1

You are working on a project to build a bridge. You have reached the planned halfway mark. The total planned cost at this stage is $500. The actual physical work that has been completed at this stage is worth $400. You have already spent one thousand dollars on the project. What is the CPI?

Select one of the following:

  • 0.8

  • 1.2

  • 0.5

  • 0.4

Question 4 of 32

Medal-premium 1

Preliminary cost estimates are developed during the __________ phase of the project.

Select one of the following:

  • Conceptual

  • Detailed Design

  • Implementation

  • Execution

Question 5 of 32

Medal-premium 1

Cost baseline is usually represented using which curve or line.

Select one of the following:

  • slanted line

  • S-curve

  • Z-curve

  • PQ curve

Question 6 of 32

Medal-premium 1

By completing a forward pass a project scheduler can...

Select one of the following:

  • calculate the free float for each activity

  • calculate the total float for each activity

  • score a touchdown

  • find the critical path

Question 7 of 32

Medal-premium 1

A contractor with an Experience Modification Rate (EMR) of 0.9 regarding accident claims will most likely pay more than the industry average for worker's compensation insurance.

Select one of the following:

  • True
  • False

Question 8 of 32

Medal-premium 1

You are planning to use PERT for planning of your project. A task has pessimistic estimate of 24 days, most likely estimate of 15 days, and optimistic estimate of 12 days. What is the mean using the PERT technique?

Select one of the following:

  • 18 days

  • 25.5 days

  • 15 days

  • 16 days

  • 17 days

Question 9 of 32

Medal-premium 1

The critical path is the set of events that cannot be delayed without causing an extension of the project

Select one of the following:

  • True
  • False

Question 10 of 32

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____________ is the number of days that an activity can be delayed without extending the project minimum duration.

Select one of the following:

  • Contingency

  • Free Float

  • Total Float

  • Critical Path

Question 11 of 32

Medal-premium 1

_________________ is the amount of money added to the base estimate to account for risk and uncertainty

Select one of the following:

  • Contingency

  • Total Float

  • Free Float

  • Critical Path

Question 12 of 32

Medal-premium 1

IN 1970, the federal government began a process of providing a comprehensive set of safety rules and regulations, inspection procedures, and safety record-keeping requirements. OSHA was established at this time. OSHA stands for:

Select one of the following:

  • Occupation Standards and Health Agency

  • Observe Safe Highways Always

  • Outside Safety and Health Administration

  • Occupational Safety and Health Administration

Question 13 of 32

Medal-premium 1

The typical construction worker's (craftwork) productive versus nonproductive time can be broken down by percent of time to the following

Select one of the following:

  • 50/50

  • 30/70

  • 40/60

  • 75/25

Question 14 of 32

Medal-premium 1

If BCWS=1000, BCWP=1200, and ACWP=1300, the project is...

Select one of the following:

  • Ahead of schedule and under budget

  • Ahead of schedule and over budget

  • Behind schedule and over budget

  • Behind schedule and under budget

Question 15 of 32

Medal-premium 1

Which activity-to-activity relationship model is assumed when creating a critical path method network diagram?

Select one of the following:

  • Start to start

  • Start to finish

  • Finish to start

  • Finish to Finish

Question 16 of 32

Medal-premium 1

A rough order of magnitude estimate is made during which phase of a project?

Select one of the following:

  • project design

  • project closing

  • project executing

  • project initiating

Question 17 of 32

Medal-premium 1

A construction project has a schedule performance index (SPI) of 1.19 and a cost performance index (CPI) of 0.88. Which of the following is the best explanation for why this occurred?

Select one of the following:

  • Unfavorable work conditions

  • Labor rates too high and critical path changed

  • Overstaffing of work

  • Non-critical path activities took less time and cost 12% less

Question 18 of 32

Medal-premium 1

Project expenses paid by the owner to pay for payroll services provided by the contractors home office is what type of cost?

Select one of the following:

  • Direct field cost

  • Indirect project cost

  • Profit

  • Contingency

  • None of the Above

Question 19 of 32

Medal-premium 1

If BAC (budgeted at completion) for a work package is $10,000 and BCWP=$4,000, the the work package is...

Select one of the following:

  • 40 percent complete

  • 80 percent complete

  • 100 percent complete

  • 120 percent complete

Question 20 of 32

Medal-premium 1

When a project is completed, which of the following must be true?

Select one of the following:

  • BAC = ACWP

  • ACWP=BCWP

  • SV=0

  • BAC=ETC (estimated cost to complete)

Question 21 of 32

Medal-premium 1

To control the schedule, a project manager is reanalyzing the project to predict project duration She does this by analyzing the sequence of activitie with the least amount of scheduling flexibility. What technique is she using?

Select one of the following:

  • Critical path method

  • Flowchart analysis

  • Precedence diagramming

  • Work breakdown structure

Question 22 of 32

Medal-premium 1

You are the project manager of a construction project. The original scope baseline of the project was budgeted at $100,000. Since work on the project start, there have been seventeen authorized and approved changed to the project. The changes have a value of $17,000. There is also an additional change order for $2,500 that has been paid but not yet approved by the owner. What should you report as the current budget for the project?

Select one of the following:

  • 100,000

  • 114,500

  • 117,000

  • 119,500

Question 23 of 32

Medal-premium 1

During the project life cycle, in which part of the life cycle will risk be the lowest?

Select one of the following:

  • Initiation

  • Planning

  • Execution

  • Closeout

Question 24 of 32

Medal-premium 1

In critical path scheduling, total float is calculated as the sum of an activity's early start and the late start (TF = LS + ES)

Select one of the following:

  • True
  • False

Question 25 of 32

Medal-premium 1

Cost Performance Indicator is an index showing the efficiency of the utilization of the resources on the project. Cost Performance Indicator can be calculated using the following formula: CPI = Actual Cost (AC)/Earned Value (EV)

Select one of the following:

  • True
  • False

Question 26 of 32

Medal-premium 1

According to the Association for the Advancement of Cost Engineering (AACE), Class 2 cost estimates are developed during the ___________ phase of the project.

Select one of the following:

  • Conceptual

  • Feasibility

  • Budget Authorization

  • Bid

Question 27 of 32

Medal-premium 1

What are the best uses of PERT?

Select one of the following:

  • Used in the planning phase to do "what if" scenarios for the project.

  • Assist in the controlling of changes to the project.

  • Is used in the process of preparing a WSB for the project.

  • To measure future consequences of activities.

  • A & D

Question 28 of 32

Medal-premium 1

Activities with little total float are called "near-critical" activities, because they can quickly become critical if their small amount of total float is used up in a delay.

Select one of the following:

  • True
  • False

Question 29 of 32

Medal-premium 1

A proper Work Breakdown Structure includes:

Select one of the following:

  • Physical components of the final constructed product.

  • Activities required to construct the final product that do not directly build a physical component.

  • Both physical components of the final constructed product and activities required to construct the final product that do not directly build a physical component.

  • The responsibilities of specific project organizations or people for specific wok packages.

  • None of the above

Question 30 of 32

Medal-premium 1

For most construction activities there may be no direct relationship between elapsed time, actual work, and incurred costs?

Select one of the following:

  • True
  • False

Question 31 of 32

Medal-premium 1

A cost performance index (CPI) of 0.89 means

Select one of the following:

  • At this time, we expect the total project to cost 89 percent more than planned

  • When the project is completed, we will have spent 89 percent more than planned

  • The project is only progressing at 89 percent of that planned

  • The project is only getting 89 cents out of every dollar invested

Question 32 of 32

Medal-premium 1

An Organizational Breakdown Structure (OBS) can include

Select one of the following:

  • Activities required to construct the final product that do not directly build a physical component

  • Both physical components of the final constructed product and activities required to construct the final product that do not directly build a physical component

  • The responsibilities of specific project organizations or people for specific work packages

  • None of the above

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PMP Certification Journey 3

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