PMP MCQ Question and Answer

PMP MCQ Question and Answer
81. All of the following statements are true regarding Simulation and Monte Carlo analysis EXCEPT:
  • The output of simulation is a probability distribution (i.e total costs or completion dates)
  • Modeling and simulation are recommended for use in cost and risk analysis because they are more powerful and less subject to misuse than EMV analysis
  • None of the choices are correct
  • For cost risk analysis, a simulation can use the project WBS or cost breakdown structure as its model
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82. Earned value analysis is a performance reporting tool/ technique. Which of the following best describes earned value (EV)?
  • Value of the work completed
  • Portion of approved cost estimate planned to be spent
  • Total of costs incurred in performing work activity
  • Efficiency indicator to reflect cost performance of project
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83. Which of the following statements are true regarding project endings?
  • Integration occurs when a project evolves into ongoing operations
  • Completion occurs when the project end because it was completed successfully and accepted by stakeholders
  • Addition occurs when the resources (personnel, equipment,property, etc) of the project are reassigned to other areas within the organization or other projects
  • None of the choices are correct
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84. All of the following are inputs to the Close Project process EXCEPT:
  • Administrative closure procedure
  • Project management plan
  • Deliverables
  • Work performance information
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85. A SPI < 1 indicates which of the following?
  • Project is ahead of schedule
  • Project is over budget
  • Project is under budget
  • Project is behind schedule
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86. Contract documentation is an input to the Contract Closure Process. It includes all of the following EXCPT:
  • Payment record
  • Approved changes requests
  • Contract closure procedure
  • Supporting schedules
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87. All of the following statements are true EXCEPT:
  • Project closure documents and project files are outputs of the Close Project Process
  • The formal acceptance documentation formally indicates that the customer or sponsor has officially accepted the project deliverables
  • The project closure documents provide formal documentation indicating the completion of project and transferring of project deliverables to others
  • None of the choices are correct
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88. Procurements audits are a tool/ technique of which of the following processes?
  • Request Seller Responses
  • Select Sellers
  • Plan Purchases And Acquisition
  • Contract Closure
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89. Performing the administrative closure process includes all of the following EXCEPT:
  • Gather lessons learned
  • Archive project information
  • Review and approve requested changes
  • Analyze project success or failure
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90. According to the PMI, which of the following best describes
  • Reviews at the conclusion of a project phase to determine whether the project should continue
  • Assignment of additional resources to the project in an attempt to decrease the project timeline/ schedule
  • Process of exceeding the specified project requirements
  • Schedule compression by starting a new task/ phase prior to completing the current project tasks.
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