Project Management Professional (PMP) - Online Sample Test for Certification exam Preparation

1. You are the project manager for a software company that develops stock analysis software. You have been assigned to assigned to develop a new technical analysis tool to forecast to price of a stock given this historical volatility based on Elliot Wave technique. You need to gather the necessary information to write the project scope management plan. Which of the following information do you NOT need as inputs to your current process?

2. Which of the following statements are true regarding the procurement management plan?

3. Which of the following processes involves developing necessary procedures to mitigate threats to the project from the project risks?

4. Which of the following statements regarding WBS are FALSE?

5. Which of the following statements are FALSE regarding CPM method?

6. Which of the following statements are FALSE regarding the Resource Calendar?

7. You are the project manager at an auto manufacturer. Due to the recent rise in the cost of petroleum, the market demand for hybrid cars with high fuel efficiency ahs increased. Your company has identified the multi-billion dollar market opportunity for highly fuel efficient vehicles. However, your organization does not have enough resources and expertise to exploit this opportunity. Hence, your organization has decided to identify the qualified candidates. Which of the following best describes the type of strategy you are using to deal with this market opportunity?

8. Which of the following statements are true regarding funding limit reconciliation?

9. Which of the following statements regarding Resource Breakdown structure are true EXCEPT:

10. You are using the three-point estimating technique to estimate the duration of a schedule activity. You are given the following data: [Pessimistic=100days] | [optimistic=40days] | [most likely=65 days] Which of the following statements are true?

Competitive Exams

1. PMP Practice Test - 5
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