PMP MCQ Question and Answer
PMP MCQ Question and Answer
21. Your project sponsor has asked you to produce a Risk Management Plan for your current project. Which of the following best describes how you should tailor the plan to your project?
- The plan must include the predefined risk management policies as they relate to the organization
- The plan must ensure that the level of details and risk management efforts are commensurate with the level of risk and importance of the project
- The plan must be predefined templates as defined by the organization
- The plan must include the predefined roles and responsibilities as they relate to risk management.
22. facturer of electronic components. Your company had been a long time market leader in electronic components distribution industry. However, in recent years,
the Internet has transformed the competitive landscape. As a result company
- A network diagram should have been used to produce the estimates.
- The estimates should have been created by management.
- The estimates should have accounted for the market dynamics and timing requirements.
- The project sponsor should have been actively involved in producing the estimates.
23. Reverse analysis is a tool/ technique in ll of the following processes
EXCEPT:
- Risk monitoring and control
- Activity resource estimation
- Cost estimation
- Cost budgeting
24. Monte Carlo analysis is a form of what type of analysis?
- Critical path method
- Schedule compression
- What-if scenario analysis
- Critical chain method
25. You have been hired as a project manager for a small local bank. The bank wants you to design and develop custom online bill pay software so that its customers can pay their bills online. You are ready to begin the Activity Resource Estimation process for your project. Which of the following would you NOT consider when developing the activity resource requirements document?
- Resource availability
- Project management plan
- Resource breakdown structure
- Activity attributes
26. A project schedule can be presented in various formats. All of the following are valid formats of the project schedule EXCEPT:
- Activity-on-node diagram
- Time-scaled schedule network diagram
- Logic bar chart
- Flow charts
27. All of the following statements are true regarding the Activity Sequencing / Activity Duration Estimation process EXCEPT:
- Activity duration estimates should specify a single, specific duration, and NOT a range of durations
- Analogous estimation is a form of expert judgment that is used as a tool / technique in activity duration estimation
- Precedence diagramming methods are tools/ techniques of activity sequencing process
- Activity duration estimates are an output of activity duration estimates.
28. Your project team has already created the WBS, developed estimates for the work packages, and sequenced the project activities using the arrow diagramming method. In addition, your team has applied resource leveling and schedule compression techniques on the project schedule. Which actions should be performed NEXT:
- Obtain approval of schedule
- Decompose the work packages into smaller components called schedule activities
- Develop activity resource requirements
- Obtain acceptance of completed project scope
29. You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in process of developing the project schedule. In order to manage the uncertainty associated with the project schedule, you intend to do the following:
(a) use average task duration estimates; (b) schedule backwards from the date a project is needed (to ensure work that needs to be done is done, and it is done only when it is needed; (c) place
aggregate buffers in the project plan
- Critical chain method
- Resource leveling
- Decision tree analysis
- Monte Carlo analysis
30. Which of the following process involves determining project roles, responsibilities, and reporting relationships, and develops the staffing management plan?
- Manage project team
- Human resource planning
- Develop project team
- Acquire project team