PMP Prep Exams

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Typical elements of the project charter include all of the following except - Answer A Project objectives B Project purpose C The project manager's responsibility and authority *D The resources ... required Which process is the most dependent on the nature of the work being performed? It is the process where the deliverables are created. - Answer A Create WBS B Define Scope *C Direct and Manage Project Execution D Monitor and Control Project Work Which is not part of the Control Scope process? - Answer A Making sure scope creep does not occur on the project B Managing project and product scope changes C Making sure all requested preventive and corrective actions for project scope go through the Perform Integrated Change Control process *D Obtaining customer validation on the final deliverable What are the five project management process groups? - Answer A Planning, concept, communicating, administration, closeout * B Monitoring and controlling, planning, executing, closing, initiating C Inputs, outputs, controls, execution, planning D Scope, schedule, cost, quality, risk response You have three projects to choose from: Project A with Internal Rate of Return (IRR) of 20%, Project B with an IRR of 15%, and Project C with an IRR of 17%. Which one would you choose? - Answer * A Project A B Project B C Project C D None of the above Project closure includes all of the following except - Answer A Archiving project records B Conducting lessons learned *C Verifying product scope D Conducting a project audit What documents the project deliverables, acceptance criteria, assumptions, and constraints? - Answer A The contract statement of work B Requirements documentation C Project charter * D Project scope statement Two projects are approximately equal in size. Project A takes four years to complete and has Net Present Value of $200,000; and project B takes three years to complete and has NPV of $300,000. Which project should you select? - Answer A Project A *B Project B C Project A if it can be reduced to three years D Project B if it can reduced to NPV of $200,000 There are a number of creative group techniques that can be used to identify product and project requirements. Which one takes a large number of ideas and groups them for review and analysis? - Answer A Delphi technique * B Affinity diagram C Nominal group technique D Mind mapping There are a number of creative group techniques that can be used to identify product and project requirements. Which one uses a voting process to prioritize ideas generated in the brainstorming process? - Answer A Delphi technique B Affinity diagram *C Nominal group technique D Mind mapping The inputs to the Develop Project Plan process include - Answer A Outputs from planning processes, historical information, organizational policies, constraints, and assumptions B Outputs from planning processes, expert judgment, organizational policies, and Enterprise Environmental Factors *C Outputs from planning processes, project charter, Organizational Process Assets and Enterprise Environmental Factors D Outputs from planning processes, expert judgment, organizational policies, constraints, and assumptions PMI® defines a project as having two distinctive characteristics. They are - Answer A Program and project * B Temporary and unique C Product and project D Cost and schedule [Show More]

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