PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
The critical element in a project's communication system is the:
Progress report
Project directive
Project manager
Customer Correct Ans - Project manager
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
Project scope is:
All the work that must be done in order to deliver a product according to the specified
features and functions, only.
The features and functions that are to be included in a product or service. A
narrative description of work to be performed under contract.
All of the above Correct Ans - All the work that must be done in order to
deliver a product according to the specified features and functions, only.
The most important criteria in deciding to initiate a project selection method is:
Stakeholder's vision
Low cost opportunity
Environmental consideration
Capability Correct Ans - Environmental consideration Which
of the following is not a General management technique? Make-or-buy
analysis
Analysis of alternatives
Applying PMBOK concepts
Lateral thinking Correct Ans - Make-or-buy analysis
As a project manager you have successfully delivered all project deliverables within
stipulated timelines - your senior management wants you to calculate the Cost of
Quality - as a project Manager what costs would you NOT consider while making this
calculation?
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
A. Cost of Hiring
B. Prevention costs
C. Appraisal costs
E. External and InternalFailure costs Correct Ans - A Cost of Hiring
All of the above are correct - except option A - since Hiring Costs have nothing to do
with Cost of Quality.
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
What is the BEST use of the Work Authorization System?
It manages the timing and sequence of when activities need to be performed It
manages who performs the activity
It identifies the resources needed to complete activities
It is used for comparing actual work against the baselines Correct Ans -
It manages the timing and sequence of when activities need to be performed
It defines how work will be authorized and how work will be done at the right time and
in the right sequence
You are managing a project that your company won after making a bid. The clients
have negotiated long and hard and have driven a hard bargain. The project is schedule
to span over eight months and you are in your fifth month of execution. You are
extremely worried since you have about four more months of work remaining and the
project is at the "Point of total assumption" - what does this mean?
As a seller you are running behind schedule As
a seller you are ahead of schedule
The project is going to have a cost overrun which will need to be negotiated with the
client
As a sellter all subsequent costs will have to be borne by the sellter
Correct Ans - As a seller all subsequent costs will have to be borne by the
seller
Reason: "Point of assumption" is the point at which the seller has consumed all the
ANSWERS WELL RATED
AND UPDATED
The critical element in a project's communication system is the:
Progress report
Project directive
Project manager
Customer Correct Ans - Project manager
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
Project scope is:
All the work that must be done in order to deliver a product according to the specified
features and functions, only.
The features and functions that are to be included in a product or service. A
narrative description of work to be performed under contract.
All of the above Correct Ans - All the work that must be done in order to
deliver a product according to the specified features and functions, only.
The most important criteria in deciding to initiate a project selection method is:
Stakeholder's vision
Low cost opportunity
Environmental consideration
Capability Correct Ans - Environmental consideration Which
of the following is not a General management technique? Make-or-buy
analysis
Analysis of alternatives
Applying PMBOK concepts
Lateral thinking Correct Ans - Make-or-buy analysis
As a project manager you have successfully delivered all project deliverables within
stipulated timelines - your senior management wants you to calculate the Cost of
Quality - as a project Manager what costs would you NOT consider while making this
calculation?
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
A. Cost of Hiring
B. Prevention costs
C. Appraisal costs
E. External and InternalFailure costs Correct Ans - A Cost of Hiring
All of the above are correct - except option A - since Hiring Costs have nothing to do
with Cost of Quality.
, PMP EXAM QUESTIONS AND CORRECT
ANSWERS WELL RATED
AND UPDATED
What is the BEST use of the Work Authorization System?
It manages the timing and sequence of when activities need to be performed It
manages who performs the activity
It identifies the resources needed to complete activities
It is used for comparing actual work against the baselines Correct Ans -
It manages the timing and sequence of when activities need to be performed
It defines how work will be authorized and how work will be done at the right time and
in the right sequence
You are managing a project that your company won after making a bid. The clients
have negotiated long and hard and have driven a hard bargain. The project is schedule
to span over eight months and you are in your fifth month of execution. You are
extremely worried since you have about four more months of work remaining and the
project is at the "Point of total assumption" - what does this mean?
As a seller you are running behind schedule As
a seller you are ahead of schedule
The project is going to have a cost overrun which will need to be negotiated with the
client
As a sellter all subsequent costs will have to be borne by the sellter
Correct Ans - As a seller all subsequent costs will have to be borne by the
seller
Reason: "Point of assumption" is the point at which the seller has consumed all the
