PMI PMP-Project Management Professional Practice Exam Q. 1601 to 1610
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Set of 10 Questions
Correct Answer has been Highlighted in RED
Q. 1601: Calculate the standard deviation for the following: Pessimistic=20, Optimistic=10, Realistic=17.
A. 6
B. Not enough information
C. 5.67
D. 1.67
Section: Mix Questions
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Q. 1602: You are in the initial phase of a project and are doing an estimate for a project that requires an MRI lab for a hospital to be built. What is the estimate range you would use for this project?
A. -10% to +25%
B. -25% to +75%
C. -5% to +10%
D. -25% to +85%
Section: Mix Questions
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Q. 1603: How many possible channels exist if there are ten members on the project team?
A. 25
B. 40
C. 45
D. 54
Section: Planning
Justification in favor of the correct answer:
Number of channels = n(n-1)/2 = 10(10-1)/2 = 45
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Q. 1604: The project planning is progressing. The team has involved the accounting department to set up a system of codes that the accounting department will use to track work on the project. This is known as:
A. Accounting codes
B. WBS numbering
C. Cost budgeting
D. Chart of accounts
Section: Mix Questions
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Q. 1605: The project team is developing rules for reporting status on the project in the communication management plan. The majority of their activities are greater than three reporting periods long. Which format is best to use in this case?
A. Fixed formula progress reporting
B. Weighted milestone
C. Earned value
D. Forecast reporting
Section: Mix Questions
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Q. 1606: Activity A is worth $200, is 100% complete, and actually cost $200. Activity B is worth $75, is 90% complete, and actually cost $120 so far. Activity C is worth $200, is 75% complete, and has cost $175 so far. The total budget is $1000. What is the estimate at completion for the activities listed?
A. $1100.04
B. $690.63
C. $1186.24
D. $1000
Section: Mix Questions
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Q. 1607: Which process involves applying budget amounts to individual work packages or activities?
A. Cost Control
B. Cost Estimating
C. Cost Budgeting
D. Earned Value Management
Section: Mix Questions
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Q. 1608: Which process involves user cost estimates and the schedule to determine when these costs are expected to occur during the project?
A. Cost Baseline
B. Cost Budgeting
C. Cost Control
D. Cost Estimating
Section: Mix Questions
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Q. 1609: Activity A is worth $300, is 100% complete, and actually cost $350. Activity B is worth $100, is 95% complete, and actually cost $85 so far. Activity C is worth $200, is 75% complete, and has cost $175 so far. The total budget is $1500. What is the cost variance for the activities listed?
A. $0.84
B. $65.00
C. -$65.00
D. -$57.50
Section: Mix Questions
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Q. 1610: The project is using a new server that cost $25,000 US. The Project Manager is told to set up depreciation for the server over a five-year schedule, with the server having a value of $0 at the end of five years. Standard depreciation will be used in the calculation. What is the amount per year the server will depreciate?
A. $5,000 US
B. $10,000 US
C. $2,500 US
D. Not enough information
Section: Mix Questions
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