Download PMP® Exam Prep Practice Test: Three Point Estimation and Change Management and more Exams Business Economics in PDF only on Docsity!
Free PMP® Exam Prep Practice Test
Have you been abreast with the latest changes in the project management practices updated in the PMBOK guide - 6 th edition? If yes, here’s a chance to test your knowledge. Simplilearn’s free PMP mock exam 6 th edition is a great way to evaluate your skills on the latest project management practices. This PMP exam contains free PMP 6 th edition exam questions that are similar to the questions that you can encounter in the PMP certification exam. In an attempt to help you clear the certification exam in the first try, the PMBOK test is a great stepping stone for the all important PMP certification exam. So, why wait? Take the free PMP practice exam 6 th edition for free!
200 Questions, 240 Minutes
Related course
PMP Certification The PMP certification is the global gold standard for project management professionals. Keep abreast of the changes in the project manag ...
GO TO COURSE
®
GET 20 % DISCOUNT coupon will be auto applied.
1. Rather than using Triangular Distribution while doing Three Point Estimation, you
choose to use Beta Distribution. Based on your analysis and understanding, you are
confident that the project would be completed with a total cost of $108, 000. You also
estimate that a best case would be $90000, while a worst-case scenario would result in
the costs incurred to shoot up to $138000. What would the Three Point Cost estimate
be when using Beta Distribution?
Explanations
Questions
Correct Answers
%Correct Answers
None of the above
Explanation:
The question states that you should do Three Point Estimation using Beta Distribution. The formula for this estimation technique is 4a + b + c / 6 , where a = Most Likely Estimate, b = Estimate based on Best-case scenario, and c = Estimate based on Worst-case scenario. So, the Three Point Estimate using Beta distribution is (
- 108000 ) + 90000 + 138000 / 6 = 660000 / 6 = $ 110000.
Explanation:
As the change has been approved, you should always update the baseline (in this case, the scope and schedule baseline) before implementing the change. This will ensure that you track performance against the new scope and schedule, and not against the old benchmarks.
2. John is managing a project. The project is about three-fourths done when the site
engineer reports that due to inherent complexities in a certain task, the deliverables
would get delayed. This would involve additional analysis and then implementation. He
requests that this new work, which was not envisioned earlier, be added to the scope
and also the time required be added to the schedule. You and the site engineer have
analyzed the impact of this change to cost and have written up a change request and
requested approval from change control board. Just today, you have received approval
from the change control board. What should be the immediate course of action?
3. You are in charge of managing a software development project that is related to
simulations for driving racing cars. In one of your team meetings, it is revealed that a lot
of issues have been reported in the air tunnel modelling module. On deeper analysis, it
is found that many of the issues could have been prevented had a simple code review
checklist been used. You prepare a code review checklist and ensure the code is
reviewed per the checklist. This is a good example of:
Start work immediately
Ascertain the impact of this change to scope, schedule, and cost before making any change
Perform Quality Assurance
Make sure that the scope baseline and schedule baseline are updated to reflect the approved change before implementing the change
Corrective Action
Preventive Action
Defect Repair
Call Us Chat Query?
Explanation:
Defects to deliverables, corrective actions, and preventive actions need to undergo change control. So all the above statements are true except option B.
Explanation:
This is an example of Gold Plating. Integrated change control deals with formally approving or rejecting changes before they are implemented, so it is not the correct answer. Fast tracking is a schedule compression technique, so it too is not the correct answer. While Scope Creep is related to change in scope, it is related to uncontrolled changes in product or projects scope and is often due to client interference. Gold plating is done intentionally or knowingly for some strategic purpose. Here, the manager believes that by adding the extra features, future projects could be bagged.
6. You are responsible for managing a project that deals with laying out a freeway
connecting two major port cities. Progress on the project has been smooth, and you
and your team are very confident on completing the project well within the stipulated
timelines. On reviewing, you see that the project has also run below the budget,
resulting in savings. You decide to add an extra feature of reflector strips on the road
every mile. You do a quick calculation and are satisfied that neither budget nor
schedule will slip. You feel that by adding these extra features you could also bag some
future projects. This is an example of:
Defects to deliverables need not undergo change control
Corrective actions need to undergo change control
Preventive actions need to undergo change control
Scope Creep
Gold Plating
Integrated Change Control
Fast Tracking
Call Us Chat Query?
Explanation:
Originally, you had 10 stakeholders to communicate with, so the number of communication channels was 10 * ( 10 - 1 ) / 2 = 4 5. However, 3 new stakeholders got added, while 1 stakeholder got reduced. So, the total number of stakeholders = 10 + 3 - 1 = 12 and hence the total number of communication channels is ( 12 * ( 12 - 1 )) / 2 = 66.
Explanation:
The most important process that could have prevented this situation would have been Scope Planning. Project deliverables are defined during scope planning, so proper implementation of this process could have prevented this situation.
7. You are in charge of a project that deals with laying out a lavish 18 -hole golf course.
The project work is in progress. You also have a number of contractors working on the
project. Being an experienced manager you know that communication is key to success
of the project. You have identified 10 stakeholders with whom you need to
communicate. Due to some internal and external organizational changes at the client's
end, three new stakeholders have been added with whom you need to communicate.
You also had to reduce one of the contractors with whom you were communicating.
How many communication channels do you have now?
8. You are in charge of a project, and to ensure things go well, you have had monthly
meetings with the stakeholders. The project is running on schedule and budget. You are
in your fourth month of execution, but the stakeholder indicates dissatisfaction with the
deliverables. Making changes in the deliverables would mean a delay in the schedule.
What would have been the most important process that could have prevented this
situation?
Scope Planning
Scope Control
Schedule Control
Risk Monitoring and Control
Call Us Chat Query?
Explanation:
The question states that you have decided to uniquely tag each identified activity, which is nothing but Activity Identifier. This is done during creation of the Activity List.
Explanation:
Considering cross-located teams and difference in cultures, the best choice of communication in this case would be formal and written.
11. You are in the process of defining activities and have broken down the WBS into
individual activities. You now uniquely tag each activity with a unique code. So, you
have defined an ___ for each activity.
12. You are managing a project that has teams located in different parts of the world.
While the advantage of colocation is beneficial, the team structure or locations cannot
be changed. Being an experienced manager, you realize that lack of a proper
communication channel can quickly lead to chaos. What would your choice of
communication be?
13. You are developing strategies to effectively engage stakeholders throughout the
project life cycle. What is process you are working on?
Schedule Network Diagram
Activity List
Milestone List
Activity Identifier
Formal and Verbal
Formal and Written
Informal and Written
Informal and Verbal
Plan Stakeholder Engagement
Call Us Chat Query?
Explanation:
Plan Stakeholder Engagement is the process to develop a strategy to effectively engage stakeholders throughout the project life cycle.
Explanation:
Here the team member is being expected to follow instructions from both the Project Manager and the Functional Manager. This is never the case in a Functional or Projectized organization where the lines of authority are clearly defined. A weak matrix organization is more like a Functional Organization where the project manager has almost no authority. The scenario explained above is typical of a balanced matrix organization where power resides equally distributed between the functional and project manager.
1 4. You head the engineering department in your company. Lately, you have observed
that certain deliveries are missing the schedule. On closer scrutiny, you observe this to
be occurring with a specific team member. You decide to discuss it out with the team
member. Initially, the team member is reluctant to discuss but finally opens up and
indicates that the cause of the delays is often different instructions coming in from you
as well as the project manager. She indicates that at such times she is confused related
to whose instructions to follow, thereby causing delays. What kind of an Organizational
structure is this most likely to be?
15. The release criteria include:
Identify Stakeholders
Manage Stakeholder Engagement
Control Stakeholder Engagement
Functional
Projectized
Weak Matrix
Balanced Matrix
The timing of the release of team members
The method in which you will release them
Both of the above are true
Call Us Chat Query?
Explanation:
Updating the WBS during Define Activities is often called Refinements. It occurs with riskier projects.
Explanation:
Project Quality Management addresses both the management of the project and the product. It improves project management as well as the quality of the product. It ensures that the project will satisfy customer requirements.
18. You are the project manager for a project. You are updating the WBS during Define
Activities. This process is often called ________.
19. The Project Quality Management process must __________.
20. You are a project manager of a company, and your project is currently in execution
phase. The customer has requested you for additional work. This work will affect the
budget but not the schedule of the project. What should you do next?
Refinements
Updates
Activities
Supporting detail
Address the quality of the management and product
Improve project management and the quality of the product
Ensure that the project satisfies customer requirements
All of the above
Add the additional requirements to the project plan
Ignore the request
Explain the change procedure and ask to submit a request for change
Discuss with the project team about the change
Call Us Chat Query?
Explanation:
Explaining the change procedure and asking to submit a request for change is the best choice.
Explanation:
This is an example of project incentive.
Explanation:
Options C and D are incorrect as the Backward Pass is not used to calculate the duration. In fact, the critical path is calculated based on duration. Option A talks about Early Start and Early Finish, which are calculated using Forward Pass." Using "Backward Pass
21. You are the project manager and have decided to outsource a part of the project to
a vendor. You have offered a bonus to the vendor if the work is completed in two
months. This is an example of:
22. You and your team have just created a schedule network diagram. You have come
up with the estimates and have defined the durations and subsequently have identified
the Critical Path. You now decide to do a Backward Pass" through the Schedule
Network Diagram. What would you be calculating?"
Project incentive
Project goal
Fixed price contract
None
The Early Start and Early Finish for each activity
The Late Start and Late Finish for each activity
The duration of paths other than the critical path
The duration of the critical path
Call Us Chat Query?
Explanation:
It is stated that the issues experienced in the project were ignored, so the past performance is not considered and the planned values are considered. So, the formula: EAC = AC + (BAC - EV) = 300 + ( 600 - 100 ) EAC = 800.
Explanation:
Quality Audits are meant to ascertain if the project activities conform to the policies and procedures, so it is not the correct answer. Activity Network diagrams are used for scheduling, while Process decision program charts are used to anticipate intermediate steps. The correct answer is Process Analysis, which is used to identify a problem and its cause and develop preventive actions.
25. You are in charge of a software project and you are almost 4 0 % complete. The
project stakeholders want a performance report to date. You had planned to use Earned
Value Management methodology. You come up with the following numbers: EV = 100
AC = 300 PV = 150 BAC = 600. You and your team have faced numerous issues till now.
However, you choose to ignore the current work performance and decide to go with
what was originally planned. Based on this information, what would be the EAC for the
project?
26. Your team has delivered phase one of a project to the client. Based on client
feedback and issues found by the client, you decide to do some introspection to
identify root causes so that the subsequent deliverables do not face the same issues.
What techniques would you choose to apply?
Perform Quality Audits
Review Activity Network Diagrams
Lookup Process decision program charts
Process Analysis
Call Us Chat Query?
Explanation:
Why is the client being unreasonable? Why does the client want to make these changes? Obviously, your colleague is in a tough situation. However tough the problem is, a project manager must not act impulsively by seeking legal action or refuse or immediately start making the changes. When faced with a problem, a project manager should first try and find the root cause and not react. So, in this case, the best advice for your colleague would be to set up a discussion with the client and try to understand the needs of the client.
Explanation:
Once you have created the change request and submitted for approval, you don’t need to set up a separate meeting with the change control board unless asked for. Work performance reports will be shared as per agreed frequency. However, this is irrelevant to the question. You might be tempted to jump in and start work immediately, but first, the impacted baselines should be updated. In this case, all the three baselines have to be
2 7. Over lunch, you meet a colleague who is managing a large turnover project for
setting up a chemical plant. Your colleague is worried because the client is being
unreasonable and asking for changes that will have a severe impact on the scope
schedule and cost. The client is also not ready to absorb the additional impact on
schedule and cost. She seeks your advice. What should she do?
28. You are managing a project to set up a brand new play area for the community. You
and your team have been working as per plan and things are moving smoothly.
Suddenly, one of the stakeholders indicates that the play area must also include a sand
pit. This was not originally planned for, so you analyze the impact on the cost, schedule,
and scope. You then submit the change request to the Change control board for their
approval .You have immediately received an approval. What should your next step be?
Refuse to budge and not make any changes
Request her executive management to initiate legal action against the client
Ultimately the customer is always right, so go ahead and make the changes and absorb the impact on cost, schedule, and scope
Set up a meeting with the client to better understand the need of the changes being asked for
Get the work done immediately and start executing
Update the impacted baselines - scope, cost, and schedule
Update the work performance reports and share them with stakeholders
Set up a meeting with the change control board
Call Us Chat Query?
Explanation:
As the name suggests, Stakeholders Engagement Assessment Matrix is used to identify the current engagement level of project stakeholders. It can also be used to indicate the desired level of engagement. Through this analytical process, gaps in engagement levels can be identified and action plans and communication plans can be generated to bridge these gaps. The Stakeholder Engagement Assessment Matrix does not list stakeholders depending on their engagement level, so options C and D are clearly wrong. While you might be tempted to choose option B since you do list down all the stakeholders in a matrix in the document, the better and more qualified answer is Option A. Here, along with the complete list of stakeholders, you also indicate their current and desired engagement level.
Explanation:
The best option is to contact your company's senior management and ask for assistance.
31. You and a group of managers conduct a weekly meeting for sharing information and
project management best practices. Joe who is a colleague of yours explains the need
for correctly identifying all the project stakeholders. He explains that in his current
project he has made use of Stakeholders Engagement Assessment Matrix. Many of the
other colleagues are not quite aware of the need and usage of this matrix. Which of the
following is the best choice?
32. Your company policy allows you to gift customers within certain limit. By mistake,
you have given a gift to the customer's representative that is beyond the limit
mentioned in your company policy. What should you do?
Lists all the stakeholders along with their current engagement and desired engagement
Lists all the stakeholders
Lists only those stakeholders who are Resistant
Lists only those stakeholders who are Supportive
Forget it and don't tell anyone.
Contact your company's senior management and ask for assistance.
Ask your customer to return the gift.
Ask your customer to give you a gift which has the same cost.
Call Us Chat Query?
Explanation:
Earned Value Analysis is used to measure performance based on Scope, Schedule, and Cost.
Explanation:
All the options except Option D are true regarding scope verification. This process can also be done at the end of each project phase in the project lifecycle. So, the correct answer is option D since scope verification has nothing to do with schedule variance.
33. Earned Value Analysis is used to measure performance based on a few parameters.
Identify them.
3 4. Which of the following statements is not true regarding Scope Verification?
35. What is the purpose of a fishbone diagram?
Scope and Cost
Scope and Schedule
Scope, Cost, and Schedule
Cost and Schedule
Consists of conducting inspections, reviews, and audits
Used to determine if results conform to requirements
Used to get formal sign off from clients
Used to determine schedule variance
Illustrates how various factors might be linked to potential problems or effects
Determines if a process is in control
Shows trends in a process over time
Shows the pattern of relationship between two variables
Call Us Chat Query?
The point of total assumption (PTA) is a point where cost overruns will cause a dollar for dollar decrease in profit for the seller. Hence, any subsequent cost will have to be borne by your company.
Explanation:
This is a question meant to test your understanding of change management. Any change, however small or big, should always be first analyzed for its impact on the constraints—scope, cost, and schedule—and then submitted to change control for approval. Changes without formal approval should not be implemented.
Explanation:
This is the only correct answer.
38. You are managing a project which involves building software for the aeronautical
domain. The nature of the work is complex and needs a lot of research. During Quality
assurance, both the development team and testing team suggest that the quality
assurance process be changed to include White Box testing and not just rely on Black
Box testing. The teams want to make this shift in approach as they believe this would
lead to better quality of deliverables. What is the best course of action?
39. The Scope Baseline consists of _____.
As the changes will help improve quality, execute white box testing
Create a change request
Refuse to adopt this change as this would mean a change in the agreed process
Analyze the impact of the change on scope, schedule, and cost, and then write up a Change Request
Approved Project Scope Statement, WBS, WBS Dictionary
Preliminary Project Scope Statement, Approved Project Scope Statement, WBS, WBS Dictionary
Scope Management Plan, WBS, WBS Dictionary
Scope Management Plan, Approved Project Scope Statement, WBS Dictionary
Call Us Chat Query?
Explanation:
A contract addendum needs to be signed by your company and the vendor.
Explanation:
You have avoided the risk. By interchanging the tasks, you have ensured that the resource who could go on a long vacation does not work on critical path activities. There is no question of exploiting the risk as this is not a positive risk. This is not a case of risk mitigation since you have neither created a backup plan nor come up with an alternate strategy.
40. You are the project manager and decided to outsource a part of the project to a
vendor. The vendor discovered some issues that impact the cost and schedule of its
work. How does the vendor update the agreement?
41. As a manager on a project, you have to ensure that the project delivers within the
scheduled timelines with minimal rework and customer delight. For some time now, the
project work is proceeding smoothly with a CPI and SPI a perfect 1. One of your team
members approaches you and indicates the possible need of a long vacation on
personal grounds, and this could possibly occur two months from now. You look up the
schedule and finds that this team member is scheduled to execute activities that are on
the critical path and the team member's absence in two months’ time would cause a
delay in schedule. You decide to take some action and reschedule task allocation to
ensure that this team member is not planned to work on any of the critical path
activities. What did you just do?
A new contract needs to be signed by your company and the vendor
A contract addendum needs to be signed by your company and the vendor
An SOW needs to be signed by you and the vendor
None of the above
Mitigate the risk
Avoid the risk
Transfer the risk
Exploit the risk
Call Us Chat Query?
