PMP Exam Questions and 100% Verified Correct Answers Latest Update 2024-2025 Guaranteed A+ ________ is typically not referred to as a buffer type in critical chain project management.
- Resource buffer
- Free buffer
- Feeding buffer
D. Project buffer - CORRECT ANSWER: B. Free buffer
'Budget at Completion' is also called:
a) Actual cost
b) Budgeted cost of work performed
c) Earned value
d) Total Planned value for the project - CORRECT ANSWER: d) Total Planned value for
the project
'Gold plating' is
a) Beating customer expectations
b) Producing excellent deliverables
c) Addition of a feature not in the original scope plan
d) All of the above - CORRECT ANSWER: c) Addition of a feature not in the original
scope plan
'Scope' of project is:
a) Any work committed to orally with customer
b) Only work that has to be completed to successfully finish project
c) Any work that customer requires to be completed
d) Only work that can be completed within project duration - CORRECT ANSWER: b)
Only work that has to be completed to successfully finish project
'Variance at completion' can be calculated as:
a) EAC-AC
b) BAC-EAC
c) Both a and b
d) Neither a nor b - CORRECT ANSWER: b) BAC-EAC
92) Juran's fitness for use theory of cost of quality can be summarized as:
a) Continuous improvement
b) Making a product that meets or exceeds customer expectations
c) Making a product that is easy to use
d) Making a product with zero defects - CORRECT ANSWER: b) Making a product that
meets or exceeds customer expectations 1 / 4
A change request in a project has been rejected some weeks ago. Yesterday, the project manager found out that it nevertheless has been implemented by the team members, who knew of the change request, but not of the rejection.
In order to avoid such a situation, rejected change requests should be consistently communicated to stakeholders through which process?
- Report performance
- Verify scope
- Perform integrated change control
D. Monitor and control risks - CORRECT ANSWER: C. Perform integrated change
control
A CPM critical path has:
a) Non-zero float
b) Negative free float
c) Zero total float
d) None of the above - CORRECT ANSWER: c) Zero total float
A critical path activity:
a) Is crucial for the project to be completed successfully
b) Needs to be signed of by the stakeholder
c) Is an activity on the critical path in the project schedule
d) Is an activity that cannot be substituted by a different activity - CORRECT ANSWER:
c) Is an activity on the critical path in the project schedule
A prime contractor in a customer project under CPFF contract has run into unexpected technical problems. Fixing them will require a lot of additional work to be done.
The company made a decision to book more staff and equipment from their subcontractors in order to adhere to the agreed timeline. The customer agreed to this decision.
What will most likely happen?
- The contractor's indirect costs will increase and the customer's payment for them will
increase, too.
- The contractor's indirect costs will increase, but the customer's payment for them will
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not increase.
- The contractor's indirect costs will not increase, but the customer's payment for them
will.
- Both the contractor's indirect costs and the customer's payment for them will not
increase. - CORRECT ANSWER: D. Both the contractor's indirect costs and the
customer's payment for them will not increase.
A project is behind schedule. Two senior resources are added to help speed up work.
The result is (choose the best answer):
a) Project will be completed on time
b) Project cost will not increase
c) Project may not be completed on time due to increased number of communication
channels
d) None of the above - CORRECT ANSWER: d) None of the above
A project is handled by departments of an organization and expedited by a project coordinator. Which of the following statements is most likely to be true?
- The performing organization is a weak matrix.
- The performing organization is doing "management by projects".
- The performing organization is a strong matrix.
D. The performing organization is projectized. - CORRECT ANSWER: A. The
performing organization is a weak matrix.
A project management team has subcontracted work to a service company. Which of the following tools is the best choice to assure that this company will be able to meet the quality requirements of the project?
- Quality audit
- Deliverable inspection
- Fixed price contract
D. Service level agreement - CORRECT ANSWER: A. Quality audit
A project management team is evaluating the causes that might contribute to unsatisfactory performance and quality.
Which of the following statements is not true?
- Normal process variation is attributable to random causes and sometimes also called
"white noise".
- Special causes are easier to predict and handle than random causes (also called
common causes). 3 / 4
- Special causes are unusual events which are difficult to foresee and often produce
outliers.
- A process can be optimized to limit the bandwidth of variations due to random
causes. - CORRECT ANSWER: B. Special causes are easier to predict and handle
than random causes (also called common causes).
A project management team wants to procure some customized products which are available in identical grade and quality from many vendors. What should be included in the procurement package to ensure that their offers will be comparable?
- A statement of work describing the needs of the project in sufficient detail to enable
vendors to make suitable proposals
- A statement of work specifying attributes and metrics of the requested deliverables in
detail to allow vendors submission of bids
- The approved project scope statement, the WBS which should be broken down to
work package level and the WBS dictionary
- The risk management plan and the reports from those risk management reviews
which have been made so far - CORRECT ANSWER: B. A statement of work specifying
attributes and metrics of the requested deliverables in detail to allow vendors submission of bids
A project sponsor requested earned value data on two concurrent projects from the project managers. Both projects are regarded as equally important and strategically beneficial and have been finished by over 80%. He received the following information:
Project A:
PV: $1,800,000
EV: $2,300,000
AC: $2,100,000
Project B:
PV: $2,000,000
EV: $1,500,000
AC: $1,600,000
The sponsor considers to shift some resources from project A to project B to speed up the second project which is currently behind schedule.
What is the most likely outcome of such a measure?
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