PMP MCQ Questions and Answers

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Q241
Which of the following documents generated by the create WBS process includes a code of account identifier, a statement of work, and a list of schedule milestones for each WBS component?
  • A WBS
  • B Scope baseline
  • C WBS dictionary
  • D Organizational process assets
Answer: Option C
Q242
You are the project manager assigned to construct a new 10-story office building. You are trying to estimate the costs for this project. You start by assigning the costs associated with each of the project activity. Then you sum up all the individual costs into a final cost estimate. Which type of cost estimation technique did you use?
  • A Analogous estimation
  • B Parametric estimation
  • C Monte Carlo methods
  • D Bottom-up estimation
Answer: Option D
Q243
The risk register describes all the identified risks. Which of the following is NOT included as part of the risk register?
  • A Risk description, category, cause
  • B Risk-related contractual agreements
  • C Proposed responses, owners, current status
  • D Probability of occurrence, impact on objectives
Answer: Option B
Q244
You are in the process of estimating the type and quantity of resources needed to complete individual schedule activities. All of the following tools/ techniques you can use in this process EXCEPT:
  • A Expert judgment
  • B Reserve analysis
  • C Published estimate data, project management software
  • D Bottom-up estimation
Answer: Option B
Q245
Which of the following statements regarding WBS are true?
  • A The lowest level in the WBS is called a work activity
  • B The WBS should be organized into a hierarchy that models the organizational hierarchy
  • C The WBS is an output of scope definition process
  • D Work not included in the WBS is considered outside the scope of the project
Answer: Option D
Q246
Which of the following is the MOST valuable result of creating the work breakdown structure?
  • A Resource requirements
  • B Team buy-in
  • C Activity attributes
  • D Activity list
Answer: Option B
Q247
With respect to risk management, which of the following statements are FALSE regarding Decision Tree Analysis?
  • A Decision trees shows the impact of one decision over another
  • B Decision trees are tools/ techniques of quantitative risk analysis process
  • C None of the choices are correct
  • D Solving the decision tree indicates which decision yields the greatest expected value to the decision maker
Answer: Option C
Q248
You are the project manager at an utility company. Due to the recent rise in the cost of petroleum, your organization is exploring cheaper, alternates of energy. Your team has just produced the work break down structure. However, upon review, you discover that the WBS lacks the necessary details and requires more decomposition. A poorly defined WBS will directly impact all of the following EXCEPT:
  • A Ability to define what to acquire/ purchase
  • B Ability to establish a total cost baseline to measure project performance
  • C Ability to control changes to project scope
  • D Ability to identify document project roles, responsibilities and reporting relationships
Answer: Option D
Q249
All of the following statements are TRUE regarding modeling and simulation EXCEPT:
  • A Simulation is tool/ technique of Quantitative Risk Analysis
  • B Modeling and simulation are recommended for use in cost and risk analysis because they are more powerful and les subject to misuse than EMV analysis
  • C Simulation is a technique that computes the project cost or schedule over multiple iterations using random value selected from distribution of possible costs or duration value
  • D From schedule risk analysis, a simulation can use the ADM schedule as its model
Answer: Option D
Q250
You are in the process of developing an approximation of the costs of the resources needed to complete each schedule activity. All of the following are tools/ techniques you can use in this process EXCEPT:
  • A Determine resource cost rate
  • B Cost aggregation
  • C Analogous estimation, bottom-up estimation, parametric estimation
  • D Cost of quality, project management software
Answer: Option B

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