YOUPMP :: PMP EXAM PREP FOR EVERYONE

Your project was just completed. Because of some unfortunate circumstances, the project was delayed, causing cost overruns at the end of the project. This information might be useful on future projects in all of the following activities except for which one?

fai — Thu, 13 Aug 2009 14:51:01 +0000

A. Cost estimating
B. Allocating resources
C. Product verification
D. Activity estimating

answer => C

A risk event in a project is something that can have an effect on the project

fai — Thu, 13 Aug 2009 14:49:58 +0000

A. For the better only, a positive effect.
B. For the worse, a negative effect.
C. Both better or worse, a positive or negative effect.
D. Neither better nor worse, neither a positive nor a negative effect.

Answer => C

In preparing the risk response plan, input from which of the following is generally LEAST important?

dyego vasconcelos — Thu, 13 Aug 2009 14:47:34 +0000

A. Project team members
B. Project sponsor
C. Individuals responsible for risk management policies and templates
D. Key stakeholders

answer => B

All of the following statements concerning project stakeholders are true except

dyego vasconcelos — Sun, 15 Mar 2009 22:31:01 +0000

A. Differences between or among stakeholders should be resolved in favor of the customer.
B. Managing stakeholder expectations may be difficult because stakeholders often have very different objectives, that may come into conflict.
C. Project stakeholders may influence the course of the project and its results.
D. Differences between or among stakeholders should be resolved in the most cost efficient manner consistent with project objectives.

answer => D

Which of the following is the output of Source Selection?

dyego vasconcelos — Thu, 19 Feb 2009 14:31:18 +0000

A. Proposals.
B. Evaluation criteria.
C. Contract negotiation.
D. Contract.

answer => D

What are the 4 stages of team development?

dyego vasconcelos — Thu, 19 Feb 2009 14:26:42 +0000

A. Forming, Storming, Norming, Performing.
B. Enthusiasm, Hope, Panic, Solution.
C. Assignment, Kickoff, Training, Communicating.
D. Direction, Motivation, Cooperation, Collaboration.

answer => A

A company has to make a choice between two projects, because the available resources in money and kind are not sufficient to run both at the same time.Each project would take 9 months and would cost $250,000

dyego vasconcelos — Thu, 19 Feb 2009 14:20:15 +0000

The first project is a process optimization which would result in a cost reduction of $120,000 per year.This benefit would be achieved immediately after the end of the project.
The second project would be the development of a new product which could produce the following net profits after the end of the project:

1 year: $ 15,000

2 year: $ 125,000

3 year: $ 220,00

Assumed is a discount rate of 5 % per year.Looking at the present values of these projects’ revenues in the first 3 years, what is true?

A. Both projects are equally attractive.
B. The first project is more attractive by app.7%.
C. The second project is more attractive by app.5%.
D. The first project is more attractive by app.3%.

answer => D

The project manager for a project is going to use the PERT method of scheduling for the project that she is working on. using PERT calculation the variance fr the project is found to be 25 days. What is the range of values for the project duration such that here will be a least 95% probability that the actual project completion will fall between the high and low value of range of values:

dyego vasconcelos — Fri, 02 Jan 2009 14:57:30 +0000

A. 164 - 173 days
B. 144 - 194 days
C. 119 - 219 days
D. 159 - 179 days

answer => D

You just created the following network logic diagram to describe the planned flow of activities for your project which will start tomorrow:

dyego vasconcelos — Sun, 28 Sep 2008 21:58:03 +0000

A. Activity E is a logical dangle in relation to the sink before the finish milestone.
B. Activity F is a logical dangle in relation to the burst point after the start milestone.
C. You can not calculate a critical path when lags and/or leads are calculated in percent.
D. Activities E to F need another task drawn as a hammock to calculate Level Of Effort.

answer => A

Frank has been a strong programmer so he is being told to manage the current project on his own. He works in a matrix organization and has never managed a project before. He can expect coordination and communications to be:

dyego vasconcelos — Tue, 16 Sep 2008 17:53:26 +0000

A. Open and straightforward
B. Complex
C. Simple
D. Easy to automate

answer => B

1	year:	$ 15,000
2	year:	$ 125,000
3	year:	$ 220,00