Project Management Professional (PMP) - Online Sample Test for Certification exam Preparation
Keeping up with the growth was becoming a problem for a privately owned Chinese financial services company. Although it easily lured business from state-owned competitors, low skill levels and weak accounting systems threaten the company’s cash flow. Moreover, poorly invested assets were delivering inadequate returns. Hence, you have been assigned over an existing project to upgrade the IT system to allow for an expansion. Specifically, the IT upgrade will enable the company to serve more competitors, expand the product line, gain market share, and win more licenses. The previous project manager for the project lacked an understanding of project management principles. In fact, upon close investigation, you’ve determined that the project lacks clearly defined project deliverables and lacks management control. Which of the following would be the BEST approach to resolve these short comings?
Implement a network authorization system
Subdivide the project deliverables into smaller, more manageable components until the work is defined to the work package level
Implement a project control system
Incorporate a system life cycle approach to the project
Integrate a lessons learned for each project phase
Which of the following forecasts the most likely total project costs based on the current project performance to date?
You are in the process of controlling changes to the project scope. All of the following are outputs of this process EXCEPT:
Scope baseline updates
Recommended corrective actions
Activity list updates
Project management pan updates
You are the project manager within and information technology department of a large retailer. You are responsible for updating the network infrastructure of the company. As a project manager, you are in the Select Sellers process, and have four different vendors on your qualified sellers list. One of the vendors on your list has invited you to lunch to a very highclass and expensive restaurant. In fact, a meal can cost anywhere from $500-$1000 USD. What should you do?
You should review your company’s policy on the type of gifts you can accept
You can accept the invitation, as there shouldn’t conflict of interest with this invitation
You can accept the invitation, since such lunch invitations are generally okay, regardless of how expensive the meal is.
You should decline the invitation, as this may give appearance of impropriety
You should decline the invitation, as you have not selected a vendor yet. This may give an unfair advantage to the seller
Which of the following statements are true regarding project ending?
Starvations occur when the resources (personal, equipment, property e.t.c)of the project are reassigned to the other areas within the organization or other places
Extinction occur when the project end because it was completed successfully and accepted by stakeholders
Subtraction occurs when resources are removed from the project, such as due to funding/ resource cuts
Integration occurs when the project revolves into ongoing operation
You are a project manager at java ice cream factory. You are currently supervising the manufacturing of new flavor ice cream java bean, burgundy crunch. The manufacturing of this flavor was proceeding as planned, until a manufacturing error occurred that requires corrective action to be taken. Ironically the manufacturing error resulted in a new variant of the flavor. Product team really thinks that flavor would be a success in a marketplace. They have asked you to cancel the corrective action, and integrate this serendipitous discovery in the manufacturing process. As a project manager you have realized that this has resulted in a change in project scope. Which of the following statement are true?
Workarounds are used to correct problems that occur with changes in the project scope
Changes to the product scope should be in the project scope
Changes to the product scope are a result of implementing corrective actions
Changes to the product scope are defined in the integrated change control plan
According to the PMI which of the following is considered as a special case of contract closure?
Contractual non performance
Early termination of contract
Michael works as a project manager at a construction company developing a new 150 story sky-scraper. He has asked a couple of his team members to return to warehouse to pick additional supplies. Since one of his team members is an expert electrician and since warehouse is close to where the Michael lives, he has asked his team mates to also stop by his house to fix some very minor electrical problems in his house. Is Michael behavior violating the PMI code of ethics?
Michael is not violating since the primary reason for the trip is work-related. The secondary request do not take much time or resources.
Michael is not in violation since there is no conflicts of interests in his actions
Michael is not in violation since Michael is just trying to utilize his resources in the most efficient manner possible
Michael is in violation since he is inappropriately using resources for his own personal benefit
Your friend is a project manager at a real estate company that develops and manages commercial, retail and residential properties in United States and Europe. As a company continues to grow, the company’s IT infrastructure is unable to meet business needs of organization. Hence she has been assigned to upgrade the company’s IT infrastructure. Specifically, her team has been asked to implement a corporate general ledger system, improve accounting and real estate processes, develop a lease tracking system, and implement HR and payroll systems and perform diagnostics and monthly closures. Her project team has already completed all the initiating / project planning activities and received sign-off/ approvals on the project charter, project scope, and detailed work packages. Your project team is in the process of completing all the work packages. However, she has just received a change request to add additional reporting functionality to the project deliverables. She calls a meeting of her project team to determine how to proceed with the change. This is an example of which of the following?
Proper integrated change control
Lack of change control system
Inadequate levels of decomposition of work packages
Management by objectives
Team consensus building
You are a project manager for a company that sells online music. Your project is to develop a new content management system that will not only manage all users purchase downloads, but will automatically learn the users music interests in order to make future product recommendations. In addition your content management system must scale to support millions of concurrent music downloads a day. Your team has made significant progress on the project. You are preparing the performance of a project to date and have calculated the following measurements. PV=4,000 EV= 3,500 AC= 3,000 Which of the following statements are true?
The CV is positive number, which implies that your project is under budget
The CV is positive number, which implies that your project is over budget
The CV is negative number, which implies that your project is under budget
The CV is negative number, which implies that your project is over budget
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