PMP MCQ Question and Answer
PMP MCQ Question and Answer
351. You are the project manger at a utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternatives forms of energy. You are in the process of developing the project charter. All of the following are tools/ techniques that you can
use to develop the project charter EXCEPT:
- Project management methodologies
- PMIS
- Alternatives identification
- Project selection methods
352. You are the project manager for a large children
- Ishikawa document
- RFQ
- WBS
- None of the choices are correct
353. You are the project manager at Happy Coffee Café, a rapidly growing franchise selling premium blended coffee. Currently, your company is planning on opening additional stores through the United states. Your target markets primarily include densely populated metropolitan areas. Your company is evaluating different areas for expansion, including New York, San Francisco, and Seattle. Based on your market analysis you have obtained the following information: New York-IRR (33%), payback period (1.5
- New York since IRR is lowest
- Seattle since payback period is shortest
- San Francisco since the IRR is the highest
- New York since the payback period is the longest
354. Which of the following statements are true regarding straight line depreciation?
- It is a method that is calculated by subtracting the salvage value of the asset from the purchase prices, and then dividing this number by the estimated useful life of asset.
- It is determined by subtracting current liabilities from current assets
- It is the length of time it takes to recoup the initial cost of investing the project. This method compares the initial investment with the cash flows expected during the life of the project.
- It is the discount rate at which the present value of the future cash flows of an investment equals the cost of initial investment
355. Which of the following is NOT a valid reason to authorize a project?
- Risk mitigation
- Social needs
- Customer requests
- Legal requirements
356. Which of the following statements are TRUE regarding the difference between a project expeditor and project coordinator roles?
- The project expeditor has some authority and power to make decisions
- The project expeditor reports to a higher level manager
- The project expeditor cannot make or enforce decisions
- The project expeditor is found more often in a strong matrix organization
357. You have been assigned to a project to build the largest U.S. natural gas pipeline project in more than 20 years. The proposed 1,350-mile, 42-inch diameter pipeline will provide valuable infrastructure allowing producers in the Rocky Mountain region to deliver their natural gas to
attractive markets in the Midwest and northeastern parts of the U.S. You are in the project planning process where you are involved in identifying the specific schedule activities that need to be performed to produce
- Mediate between the team members until consensus is reached
- Ask clarification from senior management
- Research the issue personally, and make an informed decision
- Ask clarification from project sponsor
358. You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company
- 4.5 years
- 4 years
- 5.5 years
- 3 years
359. You are the project manger at XYZ Software Corp, a U.S software company developing enterprise Human Resources Applications. You
- The conflict between the project sponsor and senior VP should be resolved in favor of the project sponsor.
- Based on the input from the senior VP, you should file a change request item to adjust the project plan accordingly.
- Since the impact of the layoffs was not taken into account during project planning, the project should be definitely postponed until the impact can be thoroughly examined. The project plan should be revised to accommodate for the organizational impact of
- The conflict between project stakeholders should be resolved in favor of the customer
360. Which of the following statements about fast-tracking is TRUE?
- One of the advantages of fast-tracking is that it can often lead to reduced rework and reduces project risks.
- Fast tracking is the process of increasing the schedule by overlapping various project tasks.
- None of the statements are true
- Fast tracking involves performing activities sequentially