PMP MCQ Questions and Answers

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Q11
You are in 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?
  • A WBS, WS dictionary
  • B Market place conditions, commercial databases
  • C Cost estimating policies/ templates, historical information,project team knowledge
  • D Activity cost estimates, activity cost estimate supporting detail
Answer: Option D
Q12
Planning components are tools/ techniques of the Activity Definition Process. Which of the following are planning components?
  • A Rolling wave planning, decomposition
  • B Control account, planning package
  • C Milestone list, schedule network templates
  • D Control package, planning account
Answer: Option D
Q13
You are in process of numerically analyzing the effects of identified risks. Which of the following are NOT tools/ techniques you can use in the process?
  • A Sensitivity analysis
  • B Reserve analysis
  • C Expected monetary value analysis
  • D Modeling and simulation
Answer: Option B
Q14
Which of the following describes tool/ technique where expenditure of funds is reconciled with the funding limits imposed by the performing organization?
  • A Forecasting
  • B Forecasting
  • C Funding limit reconciliation
  • D Reserve reconciliation
Answer: Option C
Q15
Which of the following situations will cause schedule activity duration estimates to directly influence the cost estimates EXCEPT:
  • A When resource cost rate information is unavailable from commercial databases
  • B When resources are applied per unit of time of duration of schedule activity
  • C When union labor with regularly expiring collective bargaining agreements are involve
  • D When seasonal cost variations are involve
Answer: Option A
Q16
Which of the following statements are FALSE regarding costreimbursable contracts?
  • A cost-reimbursable contracts generally carry the highest risks to the buyer, as the total costs are uncertain
  • B cost-reimbursable contracts often includes incentives for meeting or exceeding project objectives
  • C cost-reimbursable contracts resemble fix unit agreements when the unit rates are preset by the buyer and seller
  • D cost-reimbursable contracts resemble fix unit agreements when the unit rates are preset by the buyer and seller
Answer: Option C
Q17
You have been hired as a project manager for a small local bank. The banks 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 definition of your project. You have identifies the scope statement, the WBS, and talked with the SME
  • A Identify the historical information on previous projects
  • B Identify the activity attributes
  • C Identify the constraints and assumptions of the project
  • D Identify the activities lists
Answer: Option A
Q18
You are the project manager at a software company developing the next-gen OODBMS (Object Oriented Data Base Management System).As software development can be very chaotic, your company has elected to follow a more rigorous approach to software development. Specifically your company has chosen to adopt the extreme programming XP methodology for your current software project.The XP methodology is highly iterative, and produces numerous deliverables include UML diagrams, architecture diagrams, pro
  • A ADM
  • B PDM
  • C GERT
  • D AOA
Answer: Option C
Q19
All of the statements regarding control accounts and planning packages are true EXCEPT:
  • A Control accounts and planning packages are tools / techniques of Schedule Development process.
  • B A control account is an assigned WBS level used to monitor cost and schedule performance of significant element of work.
  • C Planning packages reflect a future segment of work within a control account that has not yet been decomposed into detailed work packages.
  • D As work becomes more clearly defined, planning packages are converted into work packages.
Answer: Option A
Q20
Reverse analysis is a tool/ technique in all of the following processes EXCEPT:
  • A Risk monitoring and control
  • B Activity resource estimation
  • C Cost estimation
  • D Cost budgeting
Answer: Option B

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