Which of the following items needs to be kept in mind when relying on risk identification checklists?
A. They are biased.
B. They are not exhaustive.
C. They are often inaccurate.
D. They are easy to prepare.
PMP Exam Set C – Q50
What is the critical path for this project?
A. 11 days
B. 13 days
C. 14 days
D. 16 days
PMP Exam Set C – Q49
Johan is a project manager working for a Norwegian accounting firm. To get results, Johan often tells team members that if deadlines are not met, he will have to discuss their performance with their functional managers. Johan’s organization can not be a:
A. Projectized organization
B. Weak matrix organization
C. Functional organization
D. Strong matrix organization
PMP Exam Set C – Q48
Costs incurred in one area of a project can offset costs in another area of the same project. However, it is not the best practice to consider only the costs of project execution when making project decisions. What must also be considered?
A. Costs of non-conformance
B. Planning costs
C. Operating costs
D. Initiating costs
PMP Exam Set C – Q47
Your are working for a large project organization, with several project managers, working on 15 projects. All project managers submit their status reports at month end. One of your colleague project manager has reported an error in last 2 months. Discussing the issue with one of her project’s team members, who is also working on one of your projects, you realize that she is deliberately misreporting the project’s status, to pump-up her performance as the annual performance appraisal is due next month. The month-end review meeting will be held in 2 days time as you are preparing your presentation for the same. What should you say about her status report?
A. Report the incorrect status to the appropriate management.
B. Since there is no direct relationship between your project and hers, there is no need to intervene in this issue.
C. Prepare a brief of what you have discussed with her team member and report the inconsistency in the meeting.
D. Send an email to her boss asking to check the contents of her report.
PMP Exam Set C – Q46
In a Finish to Start relationship between predecessor and successor activities, a project manager decides to schedule a successor activity 5 days before its predecessor is complete. This is accomplished by providing 5 days of:
A. Lag
B. Load
C. Fast-tracking
D. Lead
PMP Exam Set C – Q45
A Work Breakdown Structure (WBS) dictionary supports the WBS and is a companion document to the WBS. Which of the following is not included in the WBS dictionary?
A. List of schedule milestones
B. Resource assigned
C. Agreement Information
D. Code of Account Identifier
PMP Exam Set C – Q44
You are analyzing the risk in a project and decide to do sensitivity analysis to determine which risks have the most potential impact on the project. You look at a tool to help compare the relative importance of variables that have a high degree of uncertainty to those that are more stable. One such tool is:
A. Beta Distribution
B. Multicriteria decision analysis
C. Control Chart
D. Tornado Diagram
PMP Exam Set C – Q43
Which of the following documents will help trace the requirements to product design?
A. Requirements traceability matrix
B. Design traceability matrix
C. Project scope statement
D. Product traceability matrix
PMP Exam Set C – Q42
You are managing a fund raising golf tournament that has a hole-in-one contest. However, your company can’t afford to pay the $1,000,000 award if someone does get a hole in one, so they have elected to take out an insurance policy in the event that someone does get lucky. This is an example of?
A. Sharing
B. Mitigation
C. Transference
D. Avoidance