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PMP Practice Exam 5 Questions With Correct Answers

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PMP Practice Exam 5 Questions With Correct Answers You are assisting Benjamin, another project manager, to interview candidates for a resource position on his project. While reviewing your interview notes together, you notice that he sorts the candidate's resumes into two piles: One pile for further interviews, the other for candidates that did not meet the requirements for the position. You also notice that he has placed several of the highly qualified candidates in the second pile, stating that those interviewees "did not fit the corporate profile." Upon further review, you discover that all these candidates are of the same ethnic group. What do you do? - answerReport this to the appropriate management immediately. Discrimination based on nationality is prohibited by the PMI Code of Ethics and may also be illegal, depending on local laws. PMI requires project managers to report discriminatory behavior to the appropriate management; not doing so is a violation of the Code of Ethics A statement of work (SOW) is a narrative description of the products or services to be delivered by the project. It usually references all of the following except: - answerThe statement of work (SOW) does not usually reference the business case. The business case may contain cost sensitive information that may not be made available to a wider audience. Note that the business case also includes the business need Which one of the following tools and techniques is NOT part of the Develop Project Team process? - answerConflict management is a tool and technique used in Human Resource Management. However, it is associated with the Manage Project Team process, not with the Develop Project Team process. Which of the following is not a valid instance of risk transference? - answerA cost- reimbursable contract does not transfer risk to the seller; rather, the risk is with the buyer. Risk transference involves shifting the negative impact of a risk, along with the ownership of the response, to a third party. Risk transference nearly always involves payment of a premium to the party taking on the risk. Examples include performance bonds, warranties, and fixed price contracts. You have just returned from the weekly change control board meeting, where you presented the requested changes to the employee move project. Five changes were approved but one was denied. You are now updating the project management plan to incorporate the changes. In which project management process would this be done? - answerMaking changes to the project management plan is part of the Direct and Manage Project Work process EXAM STUDY MATERIALS 8/7/2024 11:29 AM Two of your team members in your software development project are not performing well. The initial assessment from your project leader indicates a lack of skills as the main reason for their poor performance. To enable them to complete their tasks on time, you plan to improve their skills by online training. Since you are in the execution phase of the project, you must document the training requirements in which document? - answerA human resource management plan is a part of the project management plan. All training needs, types of rewards, and types of disciplinary actions are documented in the human resource plan. During execution, additional training requirements can be added to this plan as a result of team performance assessments. Hence, in this case you must use the human resource management plan to document the additional training requirements As project manager, you find you are constantly dealing with conflict among your team members. Everyone argues over sharing available project resources, so you plan to use a conflict resolution method to alleviate the tension among team members. What conflict resolution method is not recognized by the Project Management Institute? - answerElaboration is not one of the five conflict-resolving methods that are recognized and endorsed by the Project Management Institute (PMI). The five methods recognized and endorsed by PMI include Forcing, Smoothing, Compromising, Collaborating and Withdrawing You are the project manager in your organization. You have little authority over the projects you manage, and you are primarily engaged in project coordination activities. You report to the PMO manager while your project team reports to various functional managers. Your organization can be best described as: - answerThe presence of the PMO indicates that the organization is not strictly functional . In a weak matrix organization, a project manager's role is that of a project coordinator or expeditor. In a projectized organization, a project manager has high authority and complete control. In a balanced matrix organization, the project manager does not have complete authority over the project and funding, but the organization recognizes the need to have a dedicated project manager. Your are working for a project-based organization. The organization has a procedure to report minor ethical issues and the ethics committee reviews them at the month end. Only major violations are escalated for in-depth scrutiny. This month, a minor violation of PMI's code of ethics has been reported by a project team member. The project manager, who's a also a member of PMI, has taken on some of the projects activities for which he wasn't qualified. The project manager was offered an opportunity to receive training which he refused. When the project manager is called for his comments, he says that this rule comes under 'Aspirational standards' of PMI's code of ethics and is not covered under 'Mandatory standards'. Has he violated the code? - answerHe has violated the PMI Code. Project managers must adhere to all standards in the Code; none are optional You are a project manager who is in charge of an important project for your company. The project is 40% complete after 3 months and has cost $350,000. The budget for the project is $950,000 and is scheduled to last 8 months. How is the project performing? - EXAM STUDY MATERIALS 8/7/2024 11:29 AM answerCPI=EV/AC. CPI = (950000*40%)/350000 = 380000/350000 = 1.09 (under budget). SPI=EV/PV. SPI = 380000/(950000*0.375) = 380000/356,250 = 1.07 (ahead of schedule) Stakeholder analysis is an important technique in the Identify Stakeholders process. One of the steps involved is to identify the potential impact of each stakeholder and classify him or her appropriately. Which of the following is not a valid model used for this purpose? - answerA tolerance model is not a valid classification model. The other three models are valid approaches, and classify stakeholders based on power/interest, influence/impact, or power/urgency and legitimacy as in the case of the salience model. You are working as a project manager for a high-yield crop development project. Data from the weather agency shows an unfavorable weather pattern for the next few months. As a senior project manager, you want to assess the feasibility of the schedule under adverse conditions and provide some insights to your team. In this way, your team can prepare some reserves and plan risk responses if unfavorable conditions exist during execution. Which of the following techniques should you use to assess the feasibility of the schedule? - answerModeling techniques are used to prepare a schedule under various scenarios. These techniques help assess the feasibility of the project schedule if adverse conditions exist. The Monte Carlo technique employs simulation to calculate multiple project durations, each with a different set of activity assumptions using a probability distribution. When a negative unplanned risk occurs in a project, a response to it would be called: - answerA workaround is a response to a negative unplanned risk that has occurred. It differs from a contingency plan in that a workaround is not planned in advance of the occurrence of the risk event In a ship design project, a project manager is in the process of negotiating with a consulting company to ensure that the project receives certified and specialized consultants for creating the hull design. The project manager wants to make certain that the consultants will be able to work until their assignments are completed. He is using all his negotiation skills and interpersonal skills to get competent staff on time. Based on the scenario described above, the project manager is engaged in: - answerNegotiation skills are used by project managers throughout the project. In this scenario, the project ma

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EXAM STUDY MATERIALS 8/7/2024 11:29 AM



PMP Practice Exam 5 Questions With
Correct Answers

You are assisting Benjamin, another project manager, to interview candidates for a resource
position on his project. While reviewing your interview notes together, you notice that he sorts
the candidate's resumes into two piles: One pile for further interviews, the other for candidates
that did not meet the requirements for the position. You also notice that he has placed several of
the highly qualified candidates in the second pile, stating that those interviewees "did not fit the
corporate profile." Upon further review, you discover that all these candidates are of the same
ethnic group. What do you do? - answer✔✔Report this to the appropriate management
immediately. Discrimination based on nationality is prohibited by the PMI Code of Ethics and
may also be illegal, depending on local laws. PMI requires project managers to report
discriminatory behavior to the appropriate management; not doing so is a violation of the Code
of Ethics
A statement of work (SOW) is a narrative description of the products or services to be delivered
by the project. It usually references all of the following except: - answer✔✔The statement of
work (SOW) does not usually reference the business case. The business case may contain cost
sensitive information that may not be made available to a wider audience. Note that the business
case also includes the business need
Which one of the following tools and techniques is NOT part of the Develop Project Team
process? - answer✔✔Conflict management is a tool and technique used in Human Resource
Management. However, it is associated with the Manage Project Team process, not with the
Develop Project Team process.

Which of the following is not a valid instance of risk transference? - answer✔✔A cost-
reimbursable contract does not transfer risk to the seller; rather, the risk is with the buyer. Risk
transference involves shifting the negative impact of a risk, along with the ownership of the
response, to a third party. Risk transference nearly always involves payment of a premium to the
party taking on the risk. Examples include performance bonds, warranties, and fixed price
contracts.
You have just returned from the weekly change control board meeting, where you presented the
requested changes to the employee move project. Five changes were approved but one was
denied. You are now updating the project management plan to incorporate the changes. In which
project management process would this be done? - answer✔✔Making changes to the project
management plan is part of the Direct and Manage Project Work process

, EXAM STUDY MATERIALS 8/7/2024 11:29 AM

Two of your team members in your software development project are not performing well. The
initial assessment from your project leader indicates a lack of skills as the main reason for their
poor performance. To enable them to complete their tasks on time, you plan to improve their
skills by online training. Since you are in the execution phase of the project, you must document
the training requirements in which document? - answer✔✔A human resource management plan
is a part of the project management plan. All training needs, types of rewards, and types of
disciplinary actions are documented in the human resource plan. During execution, additional
training requirements can be added to this plan as a result of team performance assessments.
Hence, in this case you must use the human resource management plan to document the
additional training requirements
As project manager, you find you are constantly dealing with conflict among your team
members. Everyone argues over sharing available project resources, so you plan to use a conflict
resolution method to alleviate the tension among team members. What conflict resolution
method is not recognized by the Project Management Institute? - answer✔✔Elaboration is not
one of the five conflict-resolving methods that are recognized and endorsed by the Project
Management Institute (PMI). The five methods recognized and endorsed by PMI include
Forcing, Smoothing, Compromising, Collaborating and Withdrawing
You are the project manager in your organization. You have little authority over the projects you
manage, and you are primarily engaged in project coordination activities. You report to the PMO
manager while your project team reports to various functional managers. Your organization can
be best described as: - answer✔✔The presence of the PMO indicates that the organization is not
strictly functional . In a weak matrix organization, a project manager's role is that of a project
coordinator or expeditor. In a projectized organization, a project manager has high authority and
complete control. In a balanced matrix organization, the project manager does not have complete
authority over the project and funding, but the organization recognizes the need to have a
dedicated project manager.
Your are working for a project-based organization. The organization has a procedure to report
minor ethical issues and the ethics committee reviews them at the month end. Only major
violations are escalated for in-depth scrutiny. This month, a minor violation of PMI's code of
ethics has been reported by a project team member. The project manager, who's a also a member
of PMI, has taken on some of the projects activities for which he wasn't qualified. The project
manager was offered an opportunity to receive training which he refused. When the project
manager is called for his comments, he says that this rule comes under 'Aspirational standards' of
PMI's code of ethics and is not covered under 'Mandatory standards'. Has he violated the code? -
answer✔✔He has violated the PMI Code. Project managers must adhere to all standards in the
Code; none are optional
You are a project manager who is in charge of an important project for your company. The
project is 40% complete after 3 months and has cost $350,000. The budget for the project is
$950,000 and is scheduled to last 8 months. How is the project performing? -

, EXAM STUDY MATERIALS 8/7/2024 11:29 AM

answer✔✔CPI=EV/AC. CPI = (950000*40%)/350000 = 380000/350000 = 1.09 (under budget).
SPI=EV/PV. SPI = 380000/(950000*0.375) = 380000/356,250 = 1.07 (ahead of schedule)
Stakeholder analysis is an important technique in the Identify Stakeholders process. One of the
steps involved is to identify the potential impact of each stakeholder and classify him or her
appropriately. Which of the following is not a valid model used for this purpose? - answer✔✔A
tolerance model is not a valid classification model. The other three models are valid approaches,
and classify stakeholders based on power/interest, influence/impact, or power/urgency and
legitimacy as in the case of the salience model.
You are working as a project manager for a high-yield crop development project. Data from the
weather agency shows an unfavorable weather pattern for the next few months. As a senior
project manager, you want to assess the feasibility of the schedule under adverse conditions and
provide some insights to your team. In this way, your team can prepare some reserves and plan
risk responses if unfavorable conditions exist during execution. Which of the following
techniques should you use to assess the feasibility of the schedule? - answer✔✔Modeling
techniques are used to prepare a schedule under various scenarios. These techniques help assess
the feasibility of the project schedule if adverse conditions exist. The Monte Carlo technique
employs simulation to calculate multiple project durations, each with a different set of activity
assumptions using a probability distribution.
When a negative unplanned risk occurs in a project, a response to it would be called: -
answer✔✔A workaround is a response to a negative unplanned risk that has occurred. It differs
from a contingency plan in that a workaround is not planned in advance of the occurrence of the
risk event
In a ship design project, a project manager is in the process of negotiating with a consulting
company to ensure that the project receives certified and specialized consultants for creating the
hull design. The project manager wants to make certain that the consultants will be able to work
until their assignments are completed. He is using all his negotiation skills and interpersonal
skills to get competent staff on time. Based on the scenario described above, the project manager
is engaged in: - answer✔✔Negotiation skills are used by project managers throughout the
project. In this scenario, the project manager is negotiating with vendors to get talented
consultants in sufficient number within the scheduled time. This process ensures the availability
of scarce resources during critical phases of the project. This effort is done during the Acquire
Project Team process
An employee, working as senior project coordinator, and a member of the PMI, has requested
that performance appraisals should be shared with the employees. This is in the best interest of
transparency. He also refers to the transparency clause of the PMI code of ethics. What must you
do? - answer✔✔Follow the organizational human resource policies for employee reviews.

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