Project Management Professional (PMP) - Online Sample Test for Certification exam Preparation
Which of the following statements are true regarding the risk break down structure?
The risk break down structure represents a hierarchically organized representation of identified project risks arranged by risk impact
None of the statements are true
The risk break down structure identifies all elements of risk activities that will be documented and audited.
The risk break down structure describes the format and content of risk register
You are the project manager for an information technology division of a large financial services firm in the United States. Your company offers a web based trading platform that provides options and futures trading for U.S commodities markets. Due to the rise in popularity of futures and options trading, your company has grown rapidly. In fact, due to rapid growth, the company’s I.T. infrastructure is unable to meet the growing demands. To keep up with the demands you have been assigned the responsibility of upgrading the company’s network and company’s infrastructure. You have been asked to calculate the payback period for the project that is to be completed in the next 24 months. The IRR of the project is 12% and the annual savings will be $2million. The total cost of project will be $6million dollars. The cost of capital used by the company during previous projects is 5%. What is the payback period for this project?
According to PMI, application areas are categories of projects that have common elements in the majority of project, but are NOT necessarily required or applicable to all projects. Application areas are NOT usually defined in terms of:
None of the choices are correct
Which of the following are not tools/techniques of the develop project charter process?
Project management methodologies
Project selection methods
Which of the following statements are true regarding project endings?
Integration occurs when a project evolves into ongoing operations
Extinction occurs when resources are removed from the project, such as due to funding/ resource cuts
None of the choices are correct
Addition occurs when the resources (personnel, equipment, property, etc) of the project are reassigned to other areas within the organization or other projects
Completion occurs when the project end because it was completed successfully and accepted by stakeholders
You are the project manager for the software company that develops stock analysis software. You have been assigned to develop a new technical analysis tools to forecast the price of stock given its historical volatility based on Elliot Wave techniques. You need to gather necessary information to write the project scope management plan. Which of the following tools/ techniques will NOT be useful for you in this process?
Project management plan
Which of the following statements are false regarding the records management system?
A records management system defines the process by which the contract can be modified
A records management system is a tool/ technique of contract administration and contract closure
A records management system is used to manage contract documentation and records
A records management system maintains an index of contract documents and correspondence
According to the PMI, which of the following are NOT true with regards to programs and projects?
Projects consists of one or more related programs
Programs often include elements of ongoing operations
Programs are groups of project managed together
Programs may involve a series of repetitive undertakings
Contract documentation are an input to the contract closure process. Which of the following are NOT included as part of the contract documentation?
Invoices and payment records
Seller response reports
You are in the process of identifying and documenting the project roles and responsibilities and create staffing management plan. All of the following are tools/ techniques you can use EXCEPT:
1. PMP Practice Test - 8
2. PMP Practice Test - 7
3. PMP Practice Test - 6
4. PMP Practice Test - 5
5. PMP Practice Test - 4
6. PMP Practice Test - 3
7. PMP Practice Test - 2
8. PMP Practice Test - 1
9. PMP Mock Exam - 10
10. PMP Mock Exam - 9
11. PMP Mock Exam - 8
12. PMP Mock Exam - 7
13. PMP Mock Exam - 6
14. PMP Mock Exam - 5
15. PMP Mock Exam - 4
16. PMP Mock Exam - 3
17. PMP Mock Exam - 2
18. PMP Mock Exam - 1
19. PMP Sample Test - 10
20. PMP Sample Test - 9
21. PMP Sample Test - 8
22. PMP Sample Test - 7
23. PMP Sample Test - 6
24. PMP Sample Test - 5
25. PMP Sample Test - 4
26. PMP Sample Test - 3
27. PMP Sample Test - 2
28. PMP Sample Test - 1
29. PMP Mock Test - 10
30. PMP Mock Test - 9
Success Tips For Students
Amazing Science Images You Must See
Best Shopping Malls of India
Innovative Kitchen Tools and Gadgets