PMP® Certification v6: 2 PMP Exams& Detailed PMP Math_14pdus Set 4

Which of the following strategies is more suitable for a low-priority and low impact threat?


Options are :

  • Avoid
  • Mitigate
  • Transfer
  • Enhance

Answer : Transfer

PMP® Certification v6: 2 PMP Exams& Detailed PMP Math_14pdus Set 6

Which of the following options is not true about a project’s budget?


Options are :

  • Work package estimates do not include any contingency reserve
  • Cost baseline consists of project estimates and contingency reserves
  • Cost budget includes contingency reserves
  • Cost baseline includes management reserves

Answer : Cost baseline includes management reserves

You are a project manager for a huge project. Today is Monday and each Monday there is a coordination meeting with your project team. Which of the following will most probably be the most important subject of this meeting? 


Options are :

  • The progress of the project
  • The budget for the project
  • Risks of the project
  • Schedule

Answer : Risks of the project

During project planning, you have determined all risks and made qualitative and quantitative risk analysis. You have added a contingency reserve to your budget for a specific risk. Now it is the middle of the project and this risk no longer exists. What should you do with the contingency reserve related to this risk?


Options are :

  • Do nothing, you may use this reserve for an unforeseen risk in the future
  • Transfer this contingency reserve to another risk for future use
  • You should subtract this reserve, it should turn back to the company
  • You should transfer this contingency reserve to the management reserve

Answer : You should subtract this reserve, it should turn back to the company

PMP Practice Exams for Certification 2019 PMBOK 6 Edition Set 5

You have just found the ends of estimation range to be about +/- 2 sigma from the mean. Which of the following range estimates is riskiest?


Options are :

  • Mean of 100 days
  • 80 days +/- 7 days
  • 75 days to 92 days
  • Pessimistic: 103 days, Most Likely: 94 days, Optimistic: 88 days

Answer : 75 days to 92 days

Your company is subcontracted a specific work and you are the project manager of this project. It is the middle of the project. The project manager of the contractor company said: «For a specific work which is not written in the contract, we will pay you an extra $100,000.» You know that $100,000 is a very profitable value for this work. What should you do?


Options are :

  • Since it is not written in the contract, you should not accept the offer.
  • Since $100,000 is a very profitable value, you should accept the offer immediately and do the work.
  • Ask the project manager of the contractor company for a formal change to the contract.
  • Do nothing, since you are responsible for the work only written in the contract.

Answer : Ask the project manager of the contractor company for a formal change to the contract.

Which of the following is not needed before the procurement process begins?


Options are :

  • Requirements documentation
  • Risk register
  • Stakeholder register
  • Seller proposals

Answer : Seller proposals

PMI-SP Scheduling Professional Certification Practical Exam Set 2

You are the procurement manager for a large project. For this project, the budget is the most important constraint among other constraints. Your PMP certified project manager wants you to subcontract a specific work package immediately. He said: «Since this is an emergency, we need to prepare a fixed price contract». The design phase of this work package is not ready, therefore scope is not well defined yet. Which of the following is true for this situation?


Options are :

  • Preparing a fixed price contract will be very advantageous since it will make the bidding process faster
  • Fixed price contract types are always better than other contract types since the buyer’s risk is least among others
  • Since he is the project manager, you need to do whatever he wants without making any comment
  • If you prepare a fixed price contract in this situation, this work package will most probably be too expensive

Answer : If you prepare a fixed price contract in this situation, this work package will most probably be too expensive

You are not sure about whether to prepare a fixed price incentive fee (FPIF) or fixed price award fee (FPAF) type of contract. What is the main difference between this two contract types?


Options are :

  • The award is judged subjectively but the incentive is judged objectively
  • The award is judged objectively but the incentive is judged subjectively
  • Both incentive and award are judged subjectively but FPIF contract is prepared faster
  • Both incentive and award are judged objectively but FPAF contract is prepared faster

Answer : The award is judged subjectively but the incentive is judged objectively

You are the project manager of the seller company. Which of the following contract types is less risky for you?


Options are :

  • Cost plus incentive fee
  • Cost plus fixed fee
  • Fixed price incentive fee
  • Time and material

Answer : Cost plus fixed fee

PMP Practice Exams for Certification 2019 PMBOK 6 Edition Set 1

If you plan to sign a cost reimbursable contract, what type of procurement document is more suitable for you?


Options are :

  • Request for proposal
  • Invitation for bid
  • Request for quotation
  • Purchase order

Answer : Request for proposal

Which of the following is true about sole source and single source procurement types?


Options are :

  • If it is a single source procurement, there is a preferred seller
  • If it is a sole source procurement, there is a preferred seller
  • For a single source procurement, there is only one seller
  • None of the above

Answer : If it is a single source procurement, there is a preferred seller

Sometimes, there may be some changes on a contract after it is signed. In most of the cases, who has the main authority for making such a change on a contract?


Options are :

  • Project manager
  • Sponsor
  • Customer
  • Procurement manager

Answer : Procurement manager

PMP Practice Exams for Certification 2019 PMBOK 6 Edition Set 1

Which one of the following is not included in a WBS dictionary?


Options are :

  • Risks
  • Duration
  • Cost
  • GERT

Answer : GERT

You are the project manager for a midsized project. During a meeting, you and your team are arguing about submitted proposals for a specific work package. One of the companies is a well-known company and most of the team members want to give this work to this company. But since you have worked with this company before and you don’t like the way they work, you negotiate this issue with your team members. Which process is this?


Options are :

  • Negotiate Contracts
  • Control Procurements
  • Conduct Procurements
  • Manage Stakeholder Engagement

Answer : Conduct Procurements

It is better to plan communications and stakeholder engagement just after:


Options are :

  • Developing the schedule
  • Finalizing the procurement documents
  • Determining the planning team
  • Determining all of the roles and responsibilities

Answer : Determining all of the roles and responsibilities

PMP Certification Questions

Which of the following options is correct about stakeholders and stakeholder management?


Options are :

  • All of the stakeholders are identified in the Planning process group
  • A stakeholder who is not identified at the beginning may cause some delay.
  • The project manager should identify all of the stakeholders by himself/herself
  • Stakeholder register is done during Plan Stakeholder Engagement

Answer : A stakeholder who is not identified at the beginning may cause some delay.

Which of the following should not be a criterion for identifying a stakeholder?


Options are :

  • Interest
  • Influence
  • Support
  • Gender

Answer : Gender

You are hired to be the project manager of a project. You are about to start to prepare the project management plan. In what detail, should you prepare the project management plan?


Options are :

  • The application area and the complexity of the project should be considered to determine the level of detail
  • To make it understandable to everyone, it should be a summary of data or a high-level plan
  • To create a well-prepared plan, it should be as detailed as possible
  • Ask your high-level managers and prepare the plan only level of detail they want

Answer : The application area and the complexity of the project should be considered to determine the level of detail

PMI-100 Certified Associate in Project Management Test Set 1

While doing earned value calculations, one should calculate the two important indicators to make comment on the project’s cost and schedule performances. What are these two indicators?


Options are :

  • SPI (Schedule Progress Index) and CPI (Cost Progress Index)
  • PV (Planned Value) and AC (Actual Cost)
  • SPI (Schedule Performance Index) and CPI (Cost Performance Index)
  • PV (Planning Value) and AC (Accounted Cost)

Answer : SPI (Schedule Performance Index) and CPI (Cost Performance Index)

You will need the templates of the company while preparing the project plan. Where should you search for them?


Options are :

  • Project charter
  • Closing documents of previous projects
  • Organizational process assets
  • Enterprise environmental factors

Answer : Organizational process assets

You will sub-contract a specific work package for your project. There are just 2 companies in your seller list that can do this work. To provide the conditions of your contract between you and your own contractor, you need at least 3 more companies. Which of the following technique will not help you in this situation?


Options are :

  • Advertising
  • Searching the internet for companies that can do this work
  • Organizing bidder conferences
  • Asking some reliable company names from your project manager friends

Answer : Organizing bidder conferences

PMI-100 Certified Associate Project Management Practice Exam Set 9

What is the main purpose of preparing a staff release plan?


Options are :

  • Saving money and improving staff’s morale
  • Helping people to manage their time easier
  • Preventing possible lawsuits from team members
  • Helping project schedule to meet deadlines

Answer : Saving money and improving staff’s morale

Your project is completed just now. If you make EVM calculations right now, what would you calculate the schedule variance?


Options are :

  • Equals to 1
  • Equals to 0
  • Equals to EV (Earned Value)
  • Equals to PV (Planned Value)

Answer : Equals to 0

Risk analyses are generally divided into two groups by the analysis type: Quantitative Risk Analysis and Qualitative Risk Analysis. Qualitative Risk Analysis should be applied to what kind of risks?


Options are :

  • All risks listed in the risk register
  • All risks listed in the prioritized risks
  • Risks which are determined by high-level management
  • Risks which are determined by the customer

Answer : All risks listed in the risk register

PMP Practice Exams for Certification 2019 PMBOK 6 Edition Set 7

A PMP certified project manager, who is also your best friend, went on a vacation for four weeks. Now, you are deputizing his position. You observed that some stakeholders had been forgotten during the preparation of the stakeholder list and these stakeholders had caused a few changes in the scope. These changes had been applied without passing through the formal change management process. What should you do? 


Options are :

  • Inform the project manager about the situation since he is responsible for the project
  • Do nothing since you are a temporary project manager
  • Apply formal change management process for all past unauthorized changes
  • Inform the sponsor and the stakeholders that the scope is changed and the proper change management process had not been followed

Answer : Inform the sponsor and the stakeholders that the scope is changed and the proper change management process had not been followed

While doing earned value calculations you found the values of PV, AC, and EV. You calculated EV / AC value as 1.15. In this case, do you need any corrective action?


Options are :

  • Yes, this ratio is called «Cost Variance» and if it is greater than 1, then you are behind the budget.
  • No, this ratio is called «Cost Variance» and if it is greater than 1 then you are ahead of the budget
  • Yes, this ratio is called «Cost Performance Index» and if it is greater than 1 then you are behind the budget
  • No, this ratio is called «Cost Performance Index» and if it is greater than 1 then you are ahead of the budget

Answer : No, this ratio is called «Cost Performance Index» and if it is greater than 1 then you are ahead of the budget

You are the project manager of an ongoing large project. You are about to have a meeting with executive management. You have prepared lots of documents and a presentation for this meeting. While you are walking to the meeting room, a team member calls you and says: «One of our key resources has just left the project.» You are not sure about if you can find another resource immediately to this position, but if you cannot find any alternatives, most probably your project will be delayed. You asked your team member to search for alternatives immediately and call you back about the results. Then what would you do next in this situation?


Options are :

  • Postpone the meeting until you find an alternative resource
  • Postpone the meeting until you understand if you can or cannot find any alternative resource
  • Attend the meeting and wait for the team member’s call to tell the situation to executive management
  • Attend the meeting and tell executive management the situation exactly as you know now

Answer : Attend the meeting and tell executive management the situation exactly as you know now

PMI-RMP PMI Risk Management Professional Practice Test Set 3

You are about to determine the budget for your project. You have cost management plan, scope baseline, cost estimates, basis of estimates and project schedule with you. You will make a list of other things to have. Which of the following options will not be on this list?


Options are :

  • Risk register
  • Project funding requirements
  • Agreements
  • Organizational process assets

Answer : Project funding requirements

To determine each individual’s role in the team, there are some important items. Which of the following will not be one of these items?


Options are :

  • Authority
  • Competency
  • Nationality
  • Responsibility

Answer : Nationality

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