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PMP Questions

Multipel Choice Questions for PMP Examination Sämtliche Fragen und Bilder stammen aus der Website http://www.misterexam.com/pmp

Multipel Choice Questions for PMP Examination Sämtliche Fragen und Bilder stammen aus der Website http://www.misterexam.com/pmp

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Anja Simons
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Anja Simons
This flashcard set offers an advanced overview of project management principles, focusing on key concepts like earned value reporting, quality management, and cost estimation. It delves into topics such as schedule variance, cost performance indexes, and learning curve theory, providing practical examples and multiple-choice questions to reinforce understanding. Ideal for project managers and professionals seeking to enhance their project management skills, this set helps users grasp essential techniques for effective project planning, execution, and control.
Flashcards
100
Students
27
Language
English
Category
Micro-Economics
Level
Other
Created / Updated
12.08.2013 / 28.11.2025
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Flashcards

1. You are a project manager working on a project to market a new product. The deliverables of the project have been established, and the project work has begun. A contract to deliver the deliverables has been signed. The customer who has signed the contract has telephoned you to request additional work to be done on the project. This work will affect the budget but not the schedule of the project. This project has a high priority with your company. What should you so next?
2. You are the project manager for a high visibility project. The margin on this project is low,and it is extremely important that the cost estimates for the work on the project be accurate. While reviewing the cost estimates for this project you notice that one of the cost estimates for an element in the WBS is 10% higher than two previous projects for very similar work. What should you do?
3. You are managing a project in a foreign country. In this country there is a normalpractice for business people to exchange gifts when very large contracts, such as the one you are working on, are signed. The gift is of a greater value than your company’s policy for gift exchange will allow. You have given a gift of similar value to the customer’srepresentative already. What should you do?
4. You are the manager of a research group that is developing a new chemical material.You hire a person from a competing company who has a great deal of expertise in thisarea. The person contributes greatly to the progress of your project. Duringconversation with the person you determine that many of this person’s ideas weredeveloped by the competing company. What do you do?
5. You are managing a project that is in process. A large and unexpected problem occurs that will cause a delay in the schedule in excess of the contingency schedule for the project. What should you do?
6. You are the project manager for a large project. Some members of the project team have come to you and asked that they be permitted to work on a flexible schedule. Some of the other team members feel that it is important that all team members be on site at all times unless they are absent for business reasons. What should you do?
7. You are the project manager for a project that has high visibility. Your manager wants you to prepare a presentation for him to present at a conference. Most of the material in the presentation will be facts that are the results of your project. Your manager intends to present the material under his own name. Your name will not appear. What should you do?
8. You are managing a project and the customer’s engineer visits your facility on an inspection and general getting acquainted tour. During the tour they make the comment that the parts that are being designed should be in stainless steel instead of plain steel with enamel. What should you do?
9. Which of the following is the example of a conflict of interest?
10. You are the project manager for a large project that is completed on time and on budget. The customer and all of the stakeholders are pleased with the results. As a direct result of the successful completion of the project, your manager approves a bonus of $25,000 for you. There are fifteen members of the project team. One of the people in the project
11. One of the members of your project team comes to you and says that he heard that one of the suppliers to the project had given a substantial gift to one of the project team members in hopes that the team member would favor his company with a purchase order. The company was favored with a purchase order for the parts. What should you do?
12. Decomposing the major deliverables into smaller, more manageable components to provide better control is called:
13. Any numbering system that is used to monitor project costs by category such as labor, supplies, or materials, for example, is called 
14. A person who is involved in or may be affected by the activities or anyone who has something to gain or lose by the activity of the project is called a:
A project manager is assigned to a project early in the project lifecycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flow that will take place over the next five years. End of Year Cash Flow In Cash Flow Out 1                        0                  500,000 2                   300,000              90,000 3                    400,000            100,000 4                    100,000             175,000 5                      50,000              35,000 15. What is the payback period for this project?
A project manager is assigned to a project early in the project lifecycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flow that will take place over the next five years. End of Year Cash Flow In Cash Flow Out 1                        0                  500,000 2                   300,000              90,000 3                    400,000            100,000 4                    100,000             175,000 5                      50,000              35,000 16. What is the net cash flow at the end of five years?
A project manager is assigned to a project early in the project lifecycle. One of the things that must be done is to do a justification for the project. Since very little information is known about the project, the estimates are considered to be rough estimates. The following table is the project manager’s estimate of the cash flow that will take place over the next five years. End of Year Cash Flow In Cash Flow Out 1                        0                  500,000 2                   300,000              90,000 3                    400,000            100,000 4                    100,000             175,000 5                      50,000              35,000 17. If the net present value for each of the cash flows were calculated at a 10% interest rate, the net present value cash flow at the end of five years would be:
18. A group of related projects that are managed in a coordinated way that usually include an element of ongoing activity is called a:
19. During the full life cycle of the project, a plot of the project’s expected expenditure will usually follow a characteristic “S” shape. This indicates that:
20. A temporary endeavor undertaken to create a new product or service is called a:
21. A project manager makes a narrative description of the work that must be done for her project. This is called a:
22. An example of scope verification is:
23. The process of establishing clear and achievable objectives, measuring their achievement, and adjusting performance in accordance with the results of the measurement is called
24. Configuration management is:
25. A project manager is employed by a construction company and is responsible for the furnishing of the completed building. One of the first things that the project manager for this project should do is to write a:
26. A project manager is creating a work breakdown structure for her project. In the work break down structure, the lowest level of the breakdown for the project manager is called: 
27. A project manager is reviewing the scope of the project and the scope baseline of the project. This includes which of the following?
28. A project manager has just become the manager of a project. The document that recognizes the existence of the project is called:
29. A project manager is reviewing the work breakdown structure for her project. The WBS of the project represents:
30. A manager who manages a group of related projects is called a:
31. A new project has begun. The project charter has been written and the project manager has been assigned. The project manager is preparing the work breakdown structure for the project. The WBS is typically used for:
32. During the life of a project, the project will go through several phases – initiating, planning, execution, and closeout. Which phase of the project is likely to have the greatest amount of its funding spent?
33. During the course of the project it is important that the stakeholders be informed of the progress of the project. One of the reports that is frequently used is a progress report. Which of the following is true about progress report?
34. The coordinated undertaking of interrelated activities directed toward a specific goal that has finite period of performance is a:
35. The document that is proof of upper management’s commitment to the project and gives the authority to manage the project to the project manager is called: 
36. A project manager works in a company favoring the weakest authority for the projectmanager the type of organization that holds the project manager to be the weakest is:
37. A project manager has been asked by the client to meet the promise date of the project. The project manager analyzes the schedule before promising a date to the customer. The project manager uses the program evaluation and review technique to evaluate the project schedule. She decides that based on the PERT calculations she can promise a delivery date of June 30. The expected value of the project completion date is May 30. If the project manager is willing to accept a 5% probability that the project will be delivered later than June 30, what is the standard deviation of the duration of the activities on the critical path? Assume a five-day workweek.
38. A project is proposed to a customer. Price and schedule for delivery are agreed upon. The work breakdown structure is agreed to as well. The customer requests that one of the milestones of the project be completed by a certain date. The project schedule is reviewed, and it is found that the expected completion date for this milestone is considerably earlier that the date requested by the customer. The date for this milestone is which of the following?
39. A project manager is managing a project. The original scope baseline of the project was budgeted at $100,000. Since work on the  project started there have been seventeen authorized and approved changes to the project. The changes have a value of $17,000 and the cost of investigating them prior to their approval was $2,500. What is the current budget for the project?
40. In a very large project having a budget of $5 million and a project team of over one hundred persons, the project manager constructs a work breakdown structure. The project manager will do the WBS to the detail level of which of the following?
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