PMP MCQ Question and Answer

PMP MCQ Question and Answer
71. All of the following statements are true regarding the critical path method EXCEPT:
  • The critical path method accounts for resource limitations
  • On a network path, the schedule flexibility is measured by the difference between early and late dates
  • The critical path method performs a forward pass analysis and backward pass analysis through the project schedule network paths.
  • The critical path method calculates the theoretical early start and finish dates for all schedule activities
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72. You are the project manager for a large children
  • Facilitates overhead
  • Direct materials and labor
  • Insurance
  • Taxes.
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73. You are using the three-point estimating technique to estimate the duration of a schedule activity. You are given the following data: [Pessimistic=100days] | [optimistic=40days] | [most likely=65 days] Which of the following statements are true?
  • The beta distribution gives a more pessimistic and more conservative value for the mean compared to the triangular distribution
  • Although the triangular distribution gives a more pessimistic value for the mean, it gives an estimate with smaller uncertainty compared to the beta distribution
  • The triangular distribution gives a more optimistic and more aggressive value for the duration mean compared to the beta distribution.
  • The beat distribution gives an estimate with smaller uncertainty compared to the triangular distribution
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74. You are in the process of developing an approximation of the costs of resources needed to complete each schedule activity. Which of the following is the LEAST helpful input?
  • WBS, WBS dictionary
  • Market place conditions, commercial databases
  • Cost estimation policies/ templates, historical information, project team knowledge
  • Activity cost estimates, activity cost estimate supporting details
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75. You are in process of analyzing the effects of identified risks. Which of the following is the LEAST helpful input?
  • Project scope statement
  • Risk register
  • Performance reports
  • Risk management plan
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76. You are the project manager at an auto manufacturer. Due to the recent rise in the cost of petroleum, the market demand for hybrid cars with high fuel efficiency has increased. Your company has identified the multi-billion dollar market opportunity for highly fuel efficient vehicles. However, your organization does not have enough resources and expertise to exploit this opportunity. Hence, your organization has decided to identify the qualified candidates. Which of the following best describes
  • Share
  • Acceptance
  • Exploit
  • Enhance
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77. Which of the following statements are FALSE regarding rolling wave planning?
  • Rolling wave planning is a form of progressive elaboration
  • Rolling wave planning is appropriate for life cycle models that allow incremental development
  • Rolling wave planning is a phased iterative approach to project development
  • In Rolling wave planning, detailed estimates are provided for far term tasks
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78. Which of the following risks should be classified as a force measure risks?
  • Resource conflicts with other projects
  • Shifting legal/ regulatory environment
  • Poor allocation of time and resource
  • Floods/ hurricanes
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79. Which of the following processes involves developing necessary procedures to mitigate threats to the project from the project risks?
  • Risk management planning
  • Risk identification
  • Risk monitoring and control
  • Risk response planning
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80. Which of the following can be used to determine what work is included in each work package for each of your team members?
  • Project schedule
  • RBS
  • Project scope statement
  • WBS dictionary
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