PMP MCQ Questions and Answers

Practice Mode
Showing 10 of 406 questions
Q251
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. To keep up with the demands you have been assigned with the responsibility of upgrading company
  • A Expert judgment
  • B Product analysis
  • C Stakeholders analysis
  • D Inspection
Answer: Option D
Q252
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. To keep up with the demands you have been assigned with the responsibility of upgrading company
  • A Include the deliverable as part of activity definition project
  • B Review the WBS to include the missing deliverables, and define the relevant appropriate activities
  • C Consult the scope management plan to determine how to revise the project scope to include this deliverable
  • D Consult your supervisor as to whether to include this deliverable as part of the project
Answer: Option B
Q253
You are the project manager responsible for developing a new hybrid engine for a major auto manufacturer. You are in the process of developing the project schedule and would like to access the feasibility of your project schedule under various different conditions. Which of the following scheduling techniques is the LEAST appropriate?
  • A Variance analysis
  • B What-if scenario analysis
  • C Monte Carlo analysis
  • D Simulation
Answer: Option A
Q254
Decomposition of project work involves all of the following EXCEPT:
  • A Decomposition upper WBS level into lower level detailed components
  • B Structuring and organizing the WBS
  • C Identifying deliverables
  • D Presenting hierarchal depiction of project organization so that work packages can be related to performing organizational units
Answer: Option D
Q255
All of the following are environmental factors that should be considered during Human Resource Planning EXCEPT:
  • A Interpersonal
  • B Political
  • C Logistics
  • D Authority, competency
Answer: Option D
Q256
All of the statements are FALSE regarding Resource Calendars?
  • A Project resource calendar identifies the quantity of resource available during each activity
  • B Project resource calendar updates are an output of the Activity Resource Estimation process
  • C Project Resource Calendar typically identifies resource-specific holidays and availability periods
  • D Project resource calendar represent hierarchal structure of the identified resources by resource category and type
Answer: Option D
Q257
Which of the following statements are true regarding the Risk Breakdown Structure?
  • A The Risk Breakdown Structure describes the format and content of the risk register
  • B The Risk Breakdown Structure represents a hierarchally organized representation of identified project risks arranged by the magnitude of the risk
  • C The Risk Breakdown Structure identifies all elements of risk activities that will be documented and audited
  • D The lowest level of the Risk Breakdown Structure can be used as risk checklist
Answer: Option D
Q258
Which of the following statements are FALSE regarding sensitivity analysis?
  • A A tornado diagram is a display of sensitivity analysis
  • B Sensitivity analysis is useful for determining the relative importance of variables that have a high degree of uncertainty to those that have lower uncertainty
  • C None of the choices are correct
  • D Sensitivity analysis examines how variation and uncertainty of individual project element impacts of project objective, assuming all other project elements re varied concurrently
Answer: Option D
Q259
Risk diagramming techniques include all of the following EXCEPT:
  • A Milestone charts
  • B Influence charts
  • C Fishbone diagram
  • D Process flow chart
Answer: Option A
Q260
Risk to the project can be categorized by all of the following EXCEPT:
  • A Sources of risk (i.e. using the RBS)
  • B Area of project affected (using the WBS)
  • C Project phase
  • D Quality and reliability of risk data
Answer: Option D

📚 More from Technical

← All Topics 🎯 Practice ⏱️ Take Test 🔍 Search
Technical
Back to Technical
Other Subjects
Questions and Answers for Competitive Exams Various Entrance Test