PMI PMP-Project Management Professional Practice Exam Q. 1361 to 1370
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Set of 10 Questions
Correct Answer has been Highlighted in RED
Q. 1361: Your project sponsor has asked you, “What do we now expect the total job to cost?” Given that you are using earned value, you should calculate the:
A. To-complete performance index
B. Estimate to complete
C. Estimate at completion
D. Budget at completion
Section: Mix Questions
Justification in favor of the correct answer:
EAC is the total amount of money estimated to be spent on the project. It can be calculated several different ways. However, the basic approach is to add the actual costs to date plus the estimate to complete.
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Q. 1362: One key reason that the develop project charter process is so important is that it:
A. Documents the boundaries of the project
B. States the methods for acceptance of the project’s deliverables
C. Describes the project’s characteristics
D. Links the project to the ongoing work of the organization
Section: Mix Questions
Justification in favor of the correct answer:
The project charter not only authorizes a project, it shows how the project is linked to the strategic plan of the organization. Among other things, the project charter documents the business need for the project and describes the current understanding of the requirements.
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Q. 1363: Your company has been awarded a contract for project management consulting services for a major government agency. You were a member of the proposal writing team, are PMP certified, and you are the project manager. You are now working to prepare your project management plan, which is to be submitted in one week. You decided to use some facilitation techniques to help develop your plan. While a number are possible, you selected:
A. Conflict resolution
B. Checklist analysis
C. SWOT analysis
D. Assumptions analysis
Section: Mix Questions
Justification in favor of the correct answer:
Facilitation techniques are a tool and technique in develop project management plan process. Other examples are brainstorming, problem solving, and meeting management. They are used to help teams and individuals achieve agreement to accomplish the project’s objectives.
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Q. 1364: Assume you had a phase gate meeting with your Governance Board for your project to develop the next generation radar system as part of the nation’s airspace modernization program. At this meeting, the Board approved your project management plan. However, as you begin to execute your plan, an organizational process asset to consider is:
A. Stakeholder risk tolerances
B. The organization’s culture
C. Hiring and firing guidelines
D. Process measurement database
Section: Mix Questions
Justification in favor of the correct answer:
The process measurement data base is an organizational process asset that is used to collect and make available measurement data on processes and products. The other answers are examples of enterprise environmental factors used as inputs to direct and manage the project work.
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Q. 1365: Consider the data in the table below.
Assume that your project consists only of these three activities. Your estimate at completion is $4,400.00. This means you are calculating your EAC by using which of the following formulas?
A. EAC = AC/EV x BAC
B. EAC = AC/EV x [work completed and in progress] + [actual (or revised) cost of work packages that have not started]
C. EAC = [Actual to date] + [all remaining work to be done at the planned cost including remaining work in progress]
D. EAC =°/0 complete x BAC
Section: Mix Questions
Justification in favor of the correct answer:
This formula assumes that all of the remaining work is independent of the burn rate incurred thus far. AC is $2,900 + [$500 + $1,000]. The $500 is from Activity B, and the $1,000 is from Activity C.
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Q. 1366: Rolling wave planning in the create WBS process refers to situations in which:
A. Certain deliverables or subprojects will be accomplished far into the future
B. Additional work is added to the project after the scope baseline has been established; therefore, additional decomposition is required
C. Identification codes for the WBS elements cannot be determined until the schedule activity list is complete in case revisions are required
D. Subprojects are developed by external organizations and then become part of the WBS for the entire project
Section: Mix Questions
Justification in favor of the correct answer:
Many projects involve deliverables or subprojects that will be accomplished far into the future and cannot be specified in detail at the current time. In these situations, the project management team typically waits until the deliverable or subproject is clarified so that details for that portion of the WBS can be developed. Then a rolling wave planning approach can be used.
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Q. 1367: The lessons learned documentation is an output from the:
A. Identify stakeholders process
B. Develop project management plan process
C. Manage communications process
D. Plan communications management process
Section: Mix Questions
Justification in favor of the correct answer:
Lessons learned documentation is an output of the manage communications process. It is an element of the organizational process assets updates. It includes the causes of issues, reasons for corrective actions selected, and other types of lessons learned about communications management.
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Q. 1368: Your experience has taught you that inappropriate responses to cost variances can produce quality or schedule problems or unacceptable project risk. When leading a team meeting to discuss the importance of cost control, you note that cost control is concerned with:
A. Influencing the factors that create change to the authorized cost baseline
B. Developing an approximation of the costs of the resources needed to complete the project
C. Allocating the overall cost estimate to individual work items
D. Establishing a cost performance baseline
Section: Mix Questions
Justification in favor of the correct answer:
The control costs process is also concerned with ensuring that requested changes have been acted upon, managing actual changes if and when they occur, ensuring cost expenditures do not exceed authorized funding, monitoring cost performance, preventing unapproved changes from being included in the reported cost or resource use, informing stakeholders of all approved changes and their costs and bringing expected cost overruns within acceptable limits.
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Q. 1369: You are pleased to be the project manager for a new video conferencing system for your global organization. You want it to be one that is easy to use and is state of the art. As the project manager, you also are the project leader. You realize leadership is critical throughout the phases of the project and its key elements are:
A. Respect and trust
B. Political and cultural awareness
C. Negotiation and influencing
D. Decision making and conflict management
Section: Mix Questions
Justification in favor of the correct answer:
Leadership is critical to project management as it focuses on ensuring a group of people are working toward a common goal and enables them to work as a team. It involves getting things done through others. Respect and trust, not fear and submission, are its key elements.
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Q. 1370: The WBS represents all product and project work, including project management. It is sometimes called the:
A. Control account level
B.100% rule
C. Integration of scope, cost, and schedule for comparison to the earned value
D. The code of accounts
Section: Mix Questions
Justification in favor of the correct answer:
The WBS is a deliverable-oriented, hierarchical decomposition of work to be done by the project team. Sometimes called the 100% rule, it shows the total of the work at the lowest levels must roll up to the higher levels so that nothing is left out and no extra work is done.
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